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Why Has The Pyxis Tankers (PXS) Stock Price Lost 11% In Pre-Hours Session?

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At last check in pre-market trading, shares of Pyxis Tankers Inc. (PXS) were down -10.08% at $0.58. Pyxis Tankers (PXS) stock closed the last session at $0.64, decreasing -1.21% or -$0.01. Shares of the company fluctuated between $0.61 and $0.68 throughout the day. The number of shares exchanged was 0.77 million, less than the company’s 50-day daily volume of 1.06 million and lower than its Year to date volume of 1.08 million.

In the past 12 months, Pyxis Tankers stock has advanced -60.43%, and in the last one week, the stock has moved down -35.50%. For the last six months, the stock has lost a total of -19.27%, and over the last three months, the stock has increased by 7.48%. The stock has returned 34.37% so far this year. PXS stock is falling after sharing the date to release its financial results.

What Pyxis Tankers has announced?

Pyxis Tankers (PXS) right now claims an advanced armada of five big haulers occupied with seaborne transportation of refined oil-based commodities and other mass fluids. PXS is centered around becoming its armada of medium reach item big haulers, which give functional adaptability and improved profit potential due to their “eco” elements and alterations. PXS is situated to shrewdly grow and augment its armada because of its serious expense structure, solid client connections, and an accomplished supervisory group whose interests are lined up with those of its investors.

Pyxis Tankers (PXS) today shared the release date of its financial results.

  • Pyxis Tankers will give its unaudited results for the three months and year finished December 31, 2021, post-retail shut in New York on Friday, March 18, 2022.
  • PXS will have a telephone call around the same time to examine the outcomes at 4:30 p.m. Eastern Time.
  • A telephonic replay of the meeting and going with slides will be accessible following the finish of the call. Those will stay accessible until Friday, March 25, 2022.
  • A webcast of the telephone call will likewise be accessible through the PXS site under the Events and Presentations page.

How PXS is growing?

Pyxis Tankers (PXS) this month finished the deals of the Northsea Alpha and Northsea Beta, two 2010 assembled 8,600 dwt item, big haulers, at the total deal cost of $8.9 million. After reimbursement of bank obligation and related exchange costs, PXS got total net cash of roughly $3.1 million. The offer of these non-center resources will further develop PXS liquidity and diminish remarkable credits.

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