TipRanksStock Market NewsPyxis Tankers (PXS) Receives a Rating Update from a Top Analyst

Pyxis Tankers (PXS) Receives a Rating Update from a Top Analyst

In a report released today, Michael Heim from Noble Financial maintained a Hold rating on Pyxis Tankers (PXSResearch Report). The company’s shares closed last Tuesday at $2.76.

According to TipRanks.com, Heim is ranked #54 out of 7901 analysts.

Pyxis Tankers has an analyst consensus of Moderate Buy, with a price target consensus of $5.25.

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Based on Pyxis Tankers’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $8.1 million and GAAP net loss of $5.42 million. In comparison, last year the company earned revenue of $4.51 million and had a GAAP net loss of $2.62 million.

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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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