Pyxis Tankers (NASDAQ:PXSAW) Trading Down 12.9% – Here’s What Happened

Pyxis Tankers Inc. (NASDAQ:PXSAWGet Free Report) dropped 12.9% on Thursday . The stock traded as low as $0.20 and last traded at $0.20. Approximately 1,010 shares were traded during trading, a decline of 76% from the average daily volume of 4,130 shares. The stock had previously closed at $0.23.

Pyxis Tankers Stock Performance

The business has a 50-day simple moving average of $0.32 and a 200-day simple moving average of $0.71.

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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