Pyxis Tankers Inc. – Consensus Indicates Potential -41.0% Downside

Broker Ratings
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Pyxis Tankers Inc. found using ticker (PXS) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 1.7 and 0.85 with a mean TP of 1.35. Given that the stocks previous close was at 2.29 this would indicate that there is a downside of -41.0%. There is a 50 day moving average of 2.5 while the 200 day moving average is 2.6. The market capitalisation for the company is $28m. Company Website: https://www.pyxistankers.com

The potential market cap would be $16m based on the market concensus.

Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals. As of April 12, 2021, the company operated a fleet of five tankers. Pyxis Tankers Inc. was incorporated in 2015 and is based in Maroussi, Greece.

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