Pyxis Tankers Inc. (PXS) Turns into Lucrative Security on 93.27% Insider Ownership

Postado Dezembro 07, 2017

Aegis started coverage on shares of Pyxis Tankers in a research note on Wednesday, August 9th.

Maxim Group cut shares of Pyxis Tankers (NASDAQ:PXS) from a buy rating to a hold rating in a research report released on Monday morning.

Pyxis Tankers Cmn (NASDAQ:PXS) has grabbed attention from the analysts, when it saw a value increase of 62.93% or 2.58 points in the last trading session to close at $6.68.

Shares of Pyxis Tankers Cmn (NASDAQ:PXS) now have an Average Brokerage Recommendation of 1, number of Recs in ABR is 2 while industry rank of the company by ABR is 236 out of 265. This company shares are -55.09% up from its target price of $3 and the current market capitalization stands at $121.24M. The most optimistic analyst sees the stock reaching $3 while the most conventional has $3 target price. Whereas Underperform can also be taken in with "moderate sell" or "under-weight" or "weak-hold". Their 52-Week High and Low are noted here. Pyxis Tankers has a 12-month low of $0.90 and a 12-month high of $9.20. To measure price-variation, we found PXS's volatility during a week at 117.15% and during a month it has been found around 45.77%. The company's Relative Strength Index which shows price strength now stands at 90.65. This is not a recommendation to buy or sell Pyxis Tankers Inc. The stock witnessed 269.06% gains, 261.67% gains and 507.27% gains for the 1-month, 3-month and 6-month period, respectively. The product tanker sector has been steady since Maxim's November 10 note on Pyxis, the analyst said. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.

While under theory that management are shareholders, many value investors look for stocks with a high percent of insider ownership, because they will act in its own self interest, as well create shareholder value in the long-term. They generally move extremely slowly and they only produce big price swings when the company produces good or bad trading results, which may only happen a couple of times a year at best.

Beta is also an important valuation ratio for analyzing the stock of the company, PXS's beta remains at 0.00. Maxim Group maintained Pyxis Tankers Inc.

The return on assets (ROA) (aka return on total assets, return on average assets), is one of the most widely used profitability ratios because it is related to both profit margin and asset turnover, and shows the rate of return for both creditors and investors of the company.

The company's quick ratio for most recent quarter is 0.2 along with current ratio for most recent quarter of 0.2.