Pyxis Tankers (NASDAQ:PXS) was upgraded by analysts at Maxim Group from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, Marketbeat Ratings reports. The brokerage presently has a $3.00 price objective on the transportation company’s stock. Maxim Group’s price objective indicates a potential upside of 33.93% from the company’s current price. The analysts noted that the move was a valuation call.
Separately, ValuEngine raised shares of Pyxis Tankers from a “sell” rating to a “hold” rating in a research note on Friday, December 1st.
Shares of Pyxis Tankers (PXS) traded up $0.03 on Monday, hitting $2.24. 1,157,100 shares of the stock were exchanged, compared to its average volume of 459,083. The stock has a market capitalization of $44.89 and a price-to-earnings ratio of -4.23. Pyxis Tankers has a 1 year low of $0.90 and a 1 year high of $12.22. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.17 and a quick ratio of 0.12.
ILLEGAL ACTIVITY WARNING: This piece was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://www.com-unik.info/2018/01/10/pyxis-tankers-pxs-raised-to-buy-at-maxim-group.html.
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.
Receive News & Ratings for Pyxis Tankers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pyxis Tankers and related companies with MarketBeat.com's FREE daily email newsletter.