Pyxis Tankers (NASDAQ:PXSAW) Stock Price Down 6.4% – Should You Sell?

Pyxis Tankers Inc. (NASDAQ:PXSAWGet Free Report)’s share price was down 6.4% during mid-day trading on Monday . The stock traded as low as $0.52 and last traded at $0.60. Approximately 1,000 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 7,845 shares. The stock had previously closed at $0.64.

Pyxis Tankers Price Performance

The firm’s fifty day moving average price is $0.77 and its 200-day moving average price is $0.98.

About Pyxis Tankers

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Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector worldwide. The company operates through Tanker Vessels and Dry-Bulk Vessels segments. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.

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