Maxim Group Lowers Pyxis Tankers Inc. (PXS) Price Target to $3.00

Pyxis Tankers Inc. (NASDAQ:PXS) had its target price cut by Maxim Group from $4.00 to $3.00 in a research note released on Friday morning, MarketBeat reports. They currently have a buy rating on the transportation company’s stock.

Separately, Aegis began coverage on shares of Pyxis Tankers in a research report on Wednesday, August 9th. They issued a buy rating and a $3.50 price target on the stock.

Shares of Pyxis Tankers (NASDAQ PXS) traded down $0.06 during midday trading on Friday, hitting $1.80. 700 shares of the stock were exchanged, compared to its average volume of 14,066. Pyxis Tankers has a 1 year low of $0.90 and a 1 year high of $4.25. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.12 and a current ratio of 0.17.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Transcript Daily and is the property of of Transcript Daily. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be read at https://transcriptdaily.com/2017/11/14/maxim-group-lowers-pyxis-tankers-inc-pxs-price-target-to-3-00.html.

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.

Receive News & Ratings for Pyxis Tankers Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pyxis Tankers Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply