Pyxus International Inc (NYSE:PYX)’s share price shot up 9.9% during trading on Tuesday . The stock traded as high as $18.29 and last traded at $18.10. 730,694 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 1,231,760 shares. The stock had previously closed at $16.47.
A number of equities analysts recently commented on the stock. TheStreet upgraded shares of Pyxus International from a “d” rating to a “c-” rating in a research note on Friday, March 29th. Odeon Capital Group assumed coverage on shares of Pyxus International in a research note on Friday, February 22nd. They set a “buy” rating for the company.
The company has a debt-to-equity ratio of 4.11, a quick ratio of 0.75 and a current ratio of 1.79.
Several hedge funds have recently modified their holdings of PYX. Live Your Vision LLC purchased a new stake in Pyxus International in the first quarter valued at $37,000. BNP Paribas Arbitrage SA lifted its position in Pyxus International by 46.1% in the first quarter. BNP Paribas Arbitrage SA now owns 2,277 shares of the company’s stock valued at $54,000 after acquiring an additional 719 shares during the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in Pyxus International in the fourth quarter valued at $89,000. MetLife Investment Advisors LLC purchased a new stake in Pyxus International in the first quarter valued at $99,000. Finally, Rhumbline Advisers purchased a new stake in Pyxus International in the fourth quarter valued at $140,000. Hedge funds and other institutional investors own 54.08% of the company’s stock.
Pyxus International Company Profile (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.
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