Pyxis Tankers (PXS) Upgraded by ValuEngine to Hold

ValuEngine upgraded shares of Pyxis Tankers (NASDAQ:PXS) from a sell rating to a hold rating in a report released on Friday.

A number of other equities analysts have also recently weighed in on the stock. Maxim Group lowered their price target on shares of Pyxis Tankers from $4.00 to $3.00 and set a buy rating on the stock in a research note on Friday, November 10th. Aegis started coverage on shares of Pyxis Tankers in a research note on Wednesday, August 9th. They set a buy rating and a $3.50 price target on the stock.

Pyxis Tankers (PXS) traded up $2.58 during trading hours on Friday, hitting $6.68. 13,375,800 shares of the stock were exchanged, compared to its average volume of 145,469. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.12 and a current ratio of 0.17. Pyxis Tankers has a fifty-two week low of $0.90 and a fifty-two week high of $12.22.

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About Pyxis Tankers

Pyxis Tankers Inc is a holding company. The Company is an international maritime transportation company focused on the product tanker sector. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,300 deadweight tonnage (dwt); Pyxis Theta with carrying capacity of approximately 51,800 dwt, Pyxis Malou with carrying capacity of over 50,670 dwt; Pyxis Delta with carrying capacity of approximately 46,620 dwt; Northsea Beta with carrying capacity of over 8,650 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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