Pyxis Tankers Inc. (NASDAQ:PXS) saw an upside of 6.23% to close Monday at $0.84 after adding $0.05 on the day. The 5-day average trading volume is 2,059,280 shares of the company’s common stock. It has gained $1.0200 in the past week. An average of 1,130,890 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,022,992.
PXS’s 1-month performance is 13.42% or $0.1137 on its low of $0.7004 reached on 09/20/21. The company’s shares have touched a 52-week low of $0.62 and high of $4.60, with the stock’s rally to the 52-week high happening on 02/16/21. YTD, PXS has achieved 1.12% or $0.0093. However, the current price is down -81.76%% from the 52-week high price.
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Pyxis Tankers Inc. (PXS) has a trailing price-to-earnings (P/E) ratio of 17.23 for the broader industry and 28.09 for the sector, meaning that investors are optimistic about the stock’s future prospects. The company’s PE ratio for the last five years has touched a high of 106.66 and a low of 69.00. PXS stock has a beta of -0.46. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.53 while the price-to-book (PB) in the most recent quarter is 0.48.
Pyxis Tankers Inc.’s quick ratio for the period ended June 29 was 2.00, with the current ratio over the same period at 2.00 meaning that PXS stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.89, while the total debt to equity was 1.00. In terms of profitability, the gross margin trailing 12 months is 30.10%The trailing 12-month EBITDA margin is 12.57%. The firm’s gross profit as reported stood at $6.56 million against revenue of $21.71 million.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected PXS to announce -$0.03 per share in earnings in its latest quarter, but it posted -$0.04, representing a -33.30% surprise. EBITDA for the quarter stood at more than $0.42 million. PXS stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 50.97 million, with total debt at $47.77 million
Let’s look briefly at Pyxis Tankers Inc. (PXS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 October was 65.24% to suggest the stock is trending Neutral, with historical volatility in this time period at 54.91%.
The stock’s 5-day moving average is $0.7829, reflecting a +4.94% or $0.0395 change from its current price. PXS is currently trading +15.67% above its 20-day SMA, -2.98% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +19.41% and +1.72% respectively.
Stochastic %K and %D was 46.10% and 42.31% and the average true range (ATR) pointed at 0.0806. The RSI (14) points at 60.85%, while the 14-day stochastic is at 43.43% with the period’s ATR at 0.0711. The stock’s 9-day MACD Oscillator is pointing at 0.0261 and 0.0269 on the 14-day charts.
In the most recent analyst report for Pyxis Tankers Inc. (NASDAQ: PXS), Noble Financial launched coverage with a Buy rating. Analysts offering their rating for PXS stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate PXS as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is PXS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $1.09 and a high of $1.09, with their median price target at $1.09. Looking at these predictions, the average price target given by analysts is for Pyxis Tankers Inc. (PXS) stock is $1.09.