Pyxis Tankers (NASDAQ:PXS) Posts Quarterly Earnings Results

Pyxis Tankers (NASDAQ:PXS) announced its earnings results on Thursday. The transportation company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports. Pyxis Tankers had a return on equity of 5.39% and a net margin of 6.26%.

Pyxis Tankers Price Performance

Shares of PXS traded down $0.03 during trading hours on Thursday, hitting $2.62. 31,927 shares of the stock were exchanged, compared to its average volume of 23,884. The stock’s 50-day moving average price is $2.80 and its two-hundred day moving average price is $2.84. Pyxis Tankers has a 12-month low of $2.47 and a 12-month high of $4.40. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.92 and a current ratio of 3.02. The company has a market cap of $27.47 million, a price-to-earnings ratio of -65.50 and a beta of -0.64.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Pyxis Tankers in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Pyxis Tankers has a consensus rating of “Sell”.

About Pyxis Tankers

Pyxis Tankers, Inc is an international maritime transportation holding company, which engages in the ownership and operation of a fleet of product tankers. It also deals with the seaborne transportation and shipping of refined petroleum products and other bulk liquids. It operates through the Tanker Vessels and Dry-bulk Vessels segments.