Pyxis Tankers (NASDAQ:PXSAW) Trading Down 6.4% – What’s Next?

Pyxis Tankers Inc. (NASDAQ:PXSAWGet Free Report) shares dropped 6.4% on Monday . The company traded as low as $0.52 and last traded at $0.60. Approximately 1,000 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 7,845 shares. The stock had previously closed at $0.64.

Pyxis Tankers Stock Down 6.4 %

The business’s 50-day moving average is $0.78 and its two-hundred day moving average is $0.99.

About Pyxis Tankers

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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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