Pyxis Tankers (NASDAQ:PXS) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Pyxis Tankers (NASDAQ:PXS) posted its earnings results on Thursday. The transportation company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.08), RTT News reports. The business had revenue of $12.04 million during the quarter, compared to the consensus estimate of $11.19 million. Pyxis Tankers had a return on equity of 32.93% and a net margin of 65.17%. During the same period in the previous year, the business earned $1.76 earnings per share.

Pyxis Tankers Price Performance

NASDAQ PXS opened at $3.28 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 4.71 and a quick ratio of 4.62. Pyxis Tankers has a 1 year low of $3.24 and a 1 year high of $5.53. The business’s 50-day moving average is $3.71 and its 200 day moving average is $4.17. The stock has a market capitalization of $34.43 million, a PE ratio of 1.17 and a beta of -0.02.

About Pyxis Tankers

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.