In a report released today, Poe Fratt from Noble Financial maintained a Hold rating on Pyxis Tankers (PXS – Research Report). The company’s shares closed last Tuesday at $0.51, close to its 52-week low of $0.45.
According to TipRanks.com, Fratt is a 5-star analyst with an average return of 40.7% and a 54.1% success rate. Fratt covers the Industrial Goods sector, focusing on stocks such as Grindrod Shipping Holdings, Great Lakes Dredge & Dock, and Orion Group Holdings.
Currently, the analyst consensus on Pyxis Tankers is a Moderate Buy with an average price target of $1.70.
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Pyxis Tankers’ market cap is currently $19.49M and has a P/E ratio of -1.53.
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Pyxis Tankers, Inc. is an international maritime transportation holding company, which engages in the maritime transportation business with a focus on the tanker sector. It acquires, owns, and operates tanker vessels that are capable of transporting refined petroleum products such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil. The company was founded by Valentios Valentis on March 23, 2015 and is headquartered in Athens, Greece.
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