Pyxis Tankers is a holding company. Through its subsidiaries, Co. is engaged as an international maritime transportation company focused on the product tanker sector. Co.'s fleet is comprised of double hull product tankers, which are employed under a mix of spot and medium-term time charters. Some of the vessels in the fleet are medium range tankers and some are short-range tanker sister ships. Each of the vessels in the fleet has International Maritime Organization certifications and is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel and fuel oil, as well as other liquid bulk items, such as vegetable oils and organic chemicals. We show 7 historical shares outstanding datapoints in our coverage of PXS's shares outstanding history.
Understanding the changing numbers of PXS shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PXS versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching PXS by allowing them to research PXS shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
