According to Zacks, “Pyxis Tankers Inc. provides marine transportation. The Company offers transporting refined petroleum products such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil as well as other liquid bulk items, including organic chemicals. Pyxis Tankers Inc. is based in Maroussi, Greece. “
Separately, Maxim Group reissued a buy rating and set a $2.50 price target on shares of Pyxis Tankers in a report on Friday, March 22nd.
Pyxis Tankers stock opened at $1.09 on Friday. The company has a quick ratio of 0.26, a current ratio of 0.32 and a debt-to-equity ratio of 1.58. Pyxis Tankers has a 52 week low of $0.64 and a 52 week high of $3.70. The firm has a market cap of $22.76 million, a PE ratio of -2.22 and a beta of -1.15.
Pyxis Tankers (NASDAQ:PXS) last posted its quarterly earnings results on Tuesday, May 21st. The transportation company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.01). Pyxis Tankers had a negative return on equity of 23.96% and a negative net margin of 38.99%. The business had revenue of $6.72 million for the quarter, compared to analyst estimates of $7.92 million. As a group, research analysts forecast that Pyxis Tankers will post -0.2 EPS for the current year.
Pyxis Tankers Company Profile
Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.
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