Pyxis Tankers (NASDAQ:PXS)‘s stock had its “buy” rating reissued by equities researchers at Noble Financial in a research note issued to investors on Tuesday, reports. They currently have a $2.00 price objective on the transportation company’s stock. Noble Financial’s price objective points to a potential upside of 98.02% from the company’s current price.

Separately, Zacks Investment Research cut Pyxis Tankers from a “buy” rating to a “hold” rating in a research note on Saturday, August 10th.

Shares of Pyxis Tankers stock opened at $1.01 on Tuesday. The company has a quick ratio of 0.11, a current ratio of 0.15 and a debt-to-equity ratio of 1.65. Pyxis Tankers has a 52 week low of $0.64 and a 52 week high of $3.70. The firm has a 50 day moving average price of $1.05. The firm has a market capitalization of $20.25 million, a PE ratio of -2.06 and a beta of -0.75.

Pyxis Tankers (NASDAQ:PXS) last announced its quarterly earnings data on Monday, August 12th. The transportation company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.01). Pyxis Tankers had a negative net margin of 40.96% and a negative return on equity of 26.79%. The firm had revenue of $6.46 million during the quarter, compared to analyst estimates of $8.69 million. As a group, analysts expect that Pyxis Tankers will post -0.22 earnings per share for the current fiscal year.

About Pyxis Tankers

Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.

Further Reading: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

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