Noble Financial Thinks Pyxis Tankers Inc’s Stock is Going to Recover


In a report released yesterday, Poe Fratt from Noble Financial maintained a Buy rating on Pyxis Tankers Inc (NASDAQ: PXS). The company’s shares closed yesterday at $0.82, close to its 52-week low of $0.79.

According to TipRanks.com, Fratt is ranked #1801 out of 4850 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pyxis Tankers Inc with a $3 average price target, which is a 265.9% upside from current levels. In a report issued on August 13, Maxim Group also maintained a Buy rating on the stock with a $3 price target.

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The company has a one-year high of $12.22 and a one-year low of $0.79. Currently, Pyxis Tankers Inc has an average volume of 187.6K.

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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.

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