Pyxis Tankers (PXS) Sees Unusually-High Trading Volume

Pyxis Tankers Inc. (NASDAQ:PXS) shares saw strong trading volume on Tuesday . 1,171,639 shares changed hands during trading, an increase of 393% from the previous session’s volume of 237,511 shares.The stock last traded at $4.07 and had previously closed at $3.90.

A number of equities research analysts recently weighed in on the company. Maxim Group cut Pyxis Tankers from a “buy” rating to a “hold” rating and set a $3.00 price target for the company. in a report on Monday, December 4th. ValuEngine raised Pyxis Tankers from a “sell” rating to a “hold” rating in a report on Friday, December 1st.

The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.12 and a current ratio of 0.17.

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Pyxis Tankers Company Profile

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.

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