Pyxis Tankers (NASDAQ:PXS) Issues Earnings Results

Pyxis Tankers (NASDAQ:PXS) released its quarterly earnings results on Thursday. The transportation company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports. Pyxis Tankers had a return on equity of 5.39% and a net margin of 6.26%.

Pyxis Tankers Stock Down 1.1%

NASDAQ:PXS traded down $0.03 on Thursday, hitting $2.62. 32,927 shares of the company’s stock were exchanged, compared to its average volume of 23,884. The firm has a 50-day moving average price of $2.80 and a 200-day moving average price of $2.84. Pyxis Tankers has a 52 week low of $2.47 and a 52 week high of $4.40. The company has a debt-to-equity ratio of 0.75, a current ratio of 3.02 and a quick ratio of 2.92. The company has a market cap of $27.47 million, a P/E ratio of -65.50 and a beta of -0.64.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Pyxis Tankers in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About Pyxis Tankers

Pyxis Tankers, Inc is an international maritime transportation holding company, which engages in the ownership and operation of a fleet of product tankers. It also deals with the seaborne transportation and shipping of refined petroleum products and other bulk liquids. It operates through the Tanker Vessels and Dry-bulk Vessels segments.