Pyxus International (PYX) Bonds Rise 1.3% During Trading

An issue of Pyxus International Inc (NYSE:PYX) debt rose 1.3% as a percentage of its face value during trading on Wednesday. The high-yield debt issue has a 9.875% coupon and will mature on July 15, 2021. The bonds in the issue are now trading at $87.25 and were trading at $88.00 one week ago. Price moves in a company’s debt in credit markets sometimes anticipate parallel moves in its share price.

A number of research analysts have recently issued reports on PYX shares. Odeon Capital Group initiated coverage on shares of Pyxus International in a research report on Friday, February 22nd. They issued a “buy” rating on the stock. TheStreet downgraded shares of Pyxus International from a “c-” rating to a “d” rating in a research report on Wednesday, February 20th.

Shares of PYX traded up $0.77 during mid-day trading on Friday, hitting $29.41. The company’s stock had a trading volume of 457,712 shares, compared to its average volume of 1,578,746. The company has a quick ratio of 0.75, a current ratio of 1.79 and a debt-to-equity ratio of 4.11. Pyxus International Inc has a fifty-two week low of $11.30 and a fifty-two week high of $52.43.



Pyxus International (NYSE:PYX) last posted its quarterly earnings results on Monday, February 11th. The company reported ($0.56) EPS for the quarter. The company had revenue of $524.49 million for the quarter. Pyxus International had a negative return on equity of 25.74% and a negative net margin of 3.51%.

Several institutional investors have recently modified their holdings of PYX. Municipal Employees Retirement System of Michigan acquired a new position in shares of Pyxus International in the fourth quarter worth approximately $89,000. American International Group Inc. bought a new position in shares of Pyxus International during the 3rd quarter valued at about $128,000. Rhumbline Advisers bought a new position in shares of Pyxus International during the 4th quarter valued at about $140,000. FNY Investment Advisers LLC bought a new position in shares of Pyxus International during the 4th quarter valued at about $177,000. Finally, TIAA CREF Investment Management LLC bought a new position in shares of Pyxus International during the 3rd quarter valued at about $213,000. Institutional investors and hedge funds own 59.61% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Pyxus International (PYX) Bonds Rise 1.3% During Trading” was originally posted by Dakota Financial News and is the property of of Dakota Financial News. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://dakotafinancialnews.com/2019/03/15/pyxus-international-pyx-bonds-rise-1-3-during-trading.html.

About Pyxus International (NYSE:PYX)

Pyxus International, Inc, an agricultural company, engages in the provision of various agricultural products, ingredients, and services to businesses and customers. It offers products in the leaf tobacco, e-liquids, industrial hemp, and cannabis industries. The company was formerly known as Alliance One International, Inc and changed its name to Pyxus International, Inc in September 2018.

Featured Article: Analyst Ratings Trading

Receive News & Ratings for Pyxus International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pyxus International and related companies with MarketBeat.com's FREE daily email newsletter.