Noble Financial analyst Poe Fratt maintained a Hold rating on Pyxis Tankers (PXS) today. The company’s shares closed last Friday at $0.88, close to its 52-week low of $0.71.
According to TipRanks.com, Fratt is a 5-star analyst with an average return of 46.3% and a 59.0% success rate. Fratt covers the Industrial Goods sector, focusing on stocks such as Energy Services of America, Grindrod Shipping Holdings, and Great Lakes Dredge & Dock.
Pyxis Tankers has an analyst consensus of Hold.
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Based on Pyxis Tankers’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.51 million and GAAP net loss of $2.62 million. In comparison, last year the company earned revenue of $7.26 million and had a GAAP net loss of $3.58 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.
