Pyxis Tankers (NASDAQ:PXS) Stock Passes Below 50 Day Moving Average – Should You Sell?

Shares of Pyxis Tankers Inc. (NASDAQ:PXS) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $3.78 and traded as low as $3.63. Pyxis Tankers shares last traded at $3.63, with a volume of 21,476 shares.

Pyxis Tankers Price Performance

The stock’s 50-day moving average price is $3.78 and its 200-day moving average price is $4.37. The company has a market capitalization of $38.12 million, a price-to-earnings ratio of 1.30 and a beta of 0.01. The company has a quick ratio of 4.62, a current ratio of 4.71 and a debt-to-equity ratio of 0.73.

Pyxis Tankers (NASDAQ:PXS) last posted its earnings results on Tuesday, November 26th. The transportation company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.14). Pyxis Tankers had a return on equity of 32.93% and a net margin of 65.17%. During the same quarter last year, the business earned $0.26 earnings per share.

Pyxis Tankers Company Profile

Pyxis Tankers, Inc is an international maritime transportation holding company, which engages in the ownership and operation of a fleet of product tankers. It also deals with the seaborne transportation and shipping of refined petroleum products and other bulk liquids. It operates through the Tanker Vessels and Dry-bulk Vessels segments.