How to Buy Pyxis Tankers Stock
Pyxis Tankers Inc
Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States.
Pyxis Tankers stock last closed at $2.99, up 4.91% from the previous day, and has decreased 33.56% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.14 percentage points. Pyxis Tankers stock is currently +18.18% from its 52-week low of $2.53, and -45.93% from its 52-week high of $5.53.
At the moment, there are 10.55M PXS shares outstanding. The market cap of PXS is $31.55M. In the last 24 hours, 21,605 PXS shares were traded.
How to Buy Pyxis Tankers Stock
Not sure how to invest in Pyxis Tankers stock? Here's how.
- Choose where to buy Pyxis Tankers stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Pyxis Tankers stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your info.
- Evaluate Pyxis Tankers stock: The Pyxis Tankers ticker symbol is PXS. Is Pyxis Tankers stock a good investment? Should you buy shares of PXS? How do PXS's underlying business fundamentals look? Do top analysts think Pyxis Tankers is a good buy? Why has PXS's stock price moved recently? (Hint: Our stock market research tools can help you understand if PXS is a good stock to buy).
- Execute your PXS buy order: Decide if you will purchase PXS shares at the current market price or use a limit order to purchase PXS stock at a particular price.
- Keep tabs on your investment in PXS: Create a watchlist to important updates regarding your new investment in Pyxis Tankers shares.
Step 1: Choose where to buy Pyxis Tankers stock
You need a brokerage account in order to access the NASDAQ market and buy PXS shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you can invest in PXS stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on one of the best stock apps, you need to deposit funds:
Watch the walkthrough below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Pyxis Tankers stock
After you have decided on the best place to buy Pyxis Tankers stock, it's absolutely critical to research their stock prior to investing, so you can wrap your head around the risk and opportunity.
Pyxis Tankers shares at a glance
PXS Due Diligence Checks
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PXS's stock page.
Is PXS stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PXS's fair value.
Using relative valuations measures:
- PXS may be undervalued based on its P/E ratio of 3.29x, relative to Marine Shipping industry P/E ratio of 8.97x
- PXS could be undervalued based on its P/B ratio of 0.34x, relative to Marine Shipping industry P/B ratio of 0.72x
You can access additional valuation research on PXS's stock here.
PXS Financial Health Summary
Signs that PXS is financially healthy:
- PXS has $39.59M in cash and short term investments. This is enough to cover its annual cash burn of $26.32M.
- There are more short-term assets than short-term liabilities on the PXS balance sheet.
- PXS has cash burn of 26317000. It has enough cash and short-term investments to cover this for at least one year.
- Total PXS debt is lower than 5 years ago, relative to shareholder equity.
Signs that PXS is not financially healthy:
- There are more long-term liabilities than short-term assets on the PXS balance sheet.
- PXS has a relatively high debt to equity ratio of 0.96.
- PXS profit margin has gone down from 79.7% to 18.7% in the past year.
PXS Technicals
PXS Growth Numbers
Last year, PXS earnings were $9.62M. Over the last two year, PXS's earnings have grown by -12.18% per year. This was slower than the Marine Shipping industry average of 39.45%.
Last year, PXS revenue was $51.54M. In the past five year, PXS's revenue has grown by 13.18% per year. This was slower than the Marine Shipping industry average of 37.43%.
Dive into PXS's earnings and revenue performance here.
Are PXS insiders buying or selling the stock?
Over the past year, executives and large shareholders at PXS have not bought or sold any shares.
Research more about who owns PXS shares here.
Does PXS provide a stable income stream?
No, Pyxis Tankers doesn't provide an income stream by paying out dividends.
What do other investors have to say about PXS?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your PXS buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Click the Open button and your broker will place the order.
If you want more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in PXS
Now that you own some PXS stock, you'll want to stay up-to-date on your investment.
Create a watchlist to get alerted to the latest events about your PXS stock.
PXS Feed
How to Buy Stock in Pyxis Tankers
To reiterate, here are the 6 steps for buying Pyxis Tankers stock:
- Choose where to buy Pyxis Tankers stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Evaluate Pyxis Tankers stock
- Execute your PXS buy order
- Keep tabs on your investment in PXS
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Pyxis Tankers, click the button below.
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