Pyxis Tankers (NASDAQ:PXSAW) Trading Up 17.8% – Time to Buy?

Pyxis Tankers Inc. (NASDAQ:PXSAWGet Free Report) was up 17.8% on Wednesday . The company traded as high as $0.22 and last traded at $0.22. Approximately 200 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 7,592 shares. The stock had previously closed at $0.19.

Pyxis Tankers Price Performance

The business’s 50 day moving average is $0.46 and its two-hundred day moving average is $0.81.

Pyxis Tankers Company Profile

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Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector worldwide. The company operates through Tanker Vessels and Dry-Bulk Vessels segments. 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.

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