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 $4.60, down 0.22% from the previous day, and has decreased 20.14% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.46 percentage points. Pyxis Tankers stock is currently +41.54% from its 52-week low of $3.25, and -24.84% from its 52-week high of $6.12.
At the moment, there are 10.54M PXS shares outstanding. The market value of PXS is $48.50M. In the last 24 hours, 9309 PXS shares were traded.
How to Buy Pyxis Tankers Stock
Wondering how to invest in Pyxis Tankers stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your method of payment and add your details.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 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
- 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.
- Input your personal info to create a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
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.
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 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 1.36x, relative to Marine Shipping industry P/E ratio of 15.88x
- PXS may be undervalued based on its P/B ratio of 0.5x, relative to Marine Shipping industry P/B ratio of 0.94x
- PXS could be undervalued based on its PEG ratio of 0.01x
You can access additional valuation research on PXS's stock here.
PXS Financial Health Summary
Signs that PXS is financially healthy:
- PXS earnings of $42.87M is not enough to cover its interest payments.
- PXS profit margin has gone up from 21.4% to 79.7% in the past year.
- PXS's operating cash flow of $21.44M allows it to safely service it's debt of $60.95M.
- There are more short-term assets than long-term liabilities on the PXS balance sheet.
- There are more short-term assets than short-term liabilities on the PXS balance sheet.
- Total PXS debt is lower than 5 years ago, relative to shareholder equity.
Signs that PXS is not financially healthy:
- PXS has a relatively high debt to equity ratio of 0.68.
PXS Technicals
PXS Growth Numbers
Last year, PXS earnings were $36.23M. Over the last one years, PXS's earnings have grown by 186.44% per year. This was faster than the Marine Shipping industry average of 15.45%.
Last year, PXS revenue was $45.47M. In the past five year, PXS's revenue has grown by 9.83% per year. This was slower than the Marine Shipping industry average of 15.73%.
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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