Pyxis Tankers Inc. (NASDAQ:PXS) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

Several other brokerages have also recently weighed in on PXS. Aegis started coverage on shares of Pyxis Tankers in a research note on Wednesday, August 9th. They issued a “buy” rating and a $3.50 price objective for the company. Maxim Group dropped their price objective on shares of Pyxis Tankers from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Friday, November 10th.

Shares of Pyxis Tankers (PXS) traded down $0.14 during trading on Thursday, reaching $1.71. 2,619 shares of the company’s stock traded hands, compared to its average volume of 13,902. Pyxis Tankers has a twelve month low of $0.90 and a twelve month high of $4.25. The company has a quick ratio of 0.12, a current ratio of 0.17 and a debt-to-equity ratio of 1.41.

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Pyxis Tankers Company Profile

Pyxis Tankers Inc is a holding company. The Company is an international maritime transportation company focused on the product tanker sector. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,300 deadweight tonnage (dwt); Pyxis Theta with carrying capacity of approximately 51,800 dwt, Pyxis Malou with carrying capacity of over 50,670 dwt; Pyxis Delta with carrying capacity of approximately 46,620 dwt; Northsea Beta with carrying capacity of over 8,650 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt.

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