WallStreetZenWallStreetZen

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 $5.40, up 8.43% from the previous day, and has increased 44.77% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.18 percentage points. Pyxis Tankers stock is currently +66.15% from its 52-week low of $3.25, and -1.37% from its 52-week high of $5.48.

At the moment, there are 10.5M PXS shares outstanding. The market value of PXS is $56.69M. In the last 24 hours, 252,924 PXS shares were traded.

How to Buy Pyxis Tankers Stock

Wondering how to invest in Pyxis Tankers stock? Here's how.
  1. Choose where to buy Pyxis Tankers stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Pyxis Tankers stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Select your method of payment and add your details.
  4. 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 analysis website can help you understand if PXS is a good stock to buy).
  5. Execute your PXS buy order: Decide if you will purchase PXS shares at the current market price or use a limit order to buy PXS stock at a given price.
  6. Keep tabs on your investment in PXS: Create a watchlist to important notifications about your position in Pyxis Tankers stock.

Step 1: Choose where to buy Pyxis Tankers stock

You will need a brokerage account to access the NASDAQ market and buy PXS shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to global markets: From Tech to Industrials, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal info so you can buy PXS stock today.

How to Set Up a New Brokerage Account on eToro

  1. 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.
  2. Input your personal info to create a new trading account.
  1. Submit your data by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your investment account

Now that you have filled out your info on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:

Watch the video below to see the process of depositing funds into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Pyxis Tankers stock

Once you have chosen the best place to buy Pyxis Tankers stock, it's absolutely critical to evaluate their stock before you invest, so you truly understand the risk and upside.

Overview of key PXS info

PXS Price
$5.40
1w %
8%
1y %
44.77%
5y %
26.17%
P/E
1.86x
P/B
0.57x
P/S
1.24x
PEG
0.1x
Revenue
$45.66M
Earnings
$30.97M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$56.69M
Next Earnings
Jul 29, 2024
Next Dividend
N/A

PXS Overview

WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.

You can see all of the due diligence checks on PXS's stock page.

Is PXS stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge PXS's fair value.

Using relative valuations methods:

  • PXS may be undervalued based on its P/E ratio of 1.86x, relative to Marine Shipping industry P/E ratio of 16.13x
  • PXS may be undervalued based on its P/B ratio of 0.57x, relative to Marine Shipping industry P/B ratio of 1.14x
  • PXS could be undervalued based on its PEG ratio of 0.1x

You can access additional valuation research on PXS's stock here.

PXS Financial Health Summary

Signs that PXS is financially healthy:

  • PXS earnings of $37.67M is not enough to cover its interest payments.
  • PXS profit margin has gone up from 39.4% to 67.8% in the past year.
  • PXS's operating cash flow of $19.08M allows it to safely service it's debt of $73.78M.
  • Total PXS debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the PXS balance sheet.

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 0.79.

Is it a good time to buy Pyxis Tankers stock, according to Wall Street analysts?

Out of 1 Wall Street analysts who give forecasts on PXS, the consensus analyst rating on PXS is a Strong Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Pyxis Tankers stock forecast page.

PXS Momentum

SMA10
5
SMA20
5.03
SMA50
5.03
SMA100
4.81
SMA200
4.47
MACD
0.01
MACD Signal
0
MACD Histogram
0.02
RSI
68.11
Stochastic %K
50.43
Stochastic %D
30.35
StochRSI %K
62.28
StochRSI %D
42.99

PXS Growth Numbers

Last year, PXS earnings were $30.97M. In the last 1 years, PXS's earnings have grown by 24.46% per year. This was faster than the Marine Shipping industry average of 15.39%.

Last year, PXS revenue was $45.66M. During the past five year, PXS's revenue has gone up by 9.81% per year. This was slower than the Marine Shipping industry average of 43.63%.

Dig into PXS's earnings and revenue performance here.

Latest Insiders Trades at PXS

In the past 12 months, insiders at PXS have not bought or sold any shares.

Get more info about who owns PXS shares here.

Can I rely on PXS as an income stream?

No, Pyxis Tankers doesn't provide an income stream by paying out dividends.

PXS Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Execute your PXS buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price, place a limit order.

Hit the Open Trade button and eToro will execute the order.

If you require more info about investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Keep tabs on your investment in PXS

Now that you own some shares in PXS, you'll want to stay up-to-date on your stock purchase.

Start a watchlist to get notified of important updates regarding your PXS stock.

PXS Feed

How to Buy Stock in Pyxis Tankers

To summarize, here are the 6 steps to buy stock in Pyxis Tankers:

  1. Choose where to buy Pyxis Tankers stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Pyxis Tankers stock
  5. Execute your PXS buy order
  6. Keep tabs on your investment in PXS

If you require a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your new investment in Pyxis Tankers, add PXS to your watchlist below.

NASDAQ: PXS
$5.40+0.42 (+8.43%)
Updated Jul 17, 2024
Open eToro Account
NASDAQ: PXS
$5.40+0.42 (+8.43%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Pyxis Tankers share?

As of Jul 17, 2024, it costs $5.40 to buy one share of Pyxis Tankers stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.37 shares of PXS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Pyxis Tankers stock?

According to 1 Wall Street analysts who monitor Pyxis Tankers, their consensus recommendation is to buy Pyxis Tankers stock.

What is the best way to buy Pyxis Tankers stock?

One way to place an order for Pyxis Tankers stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.