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Pyxis Tankers Announces Resignation of KPMG as Auditor

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Pyxis Tankers Announces Resignation of KPMG as Auditor

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Pyxis Tankers ( (PXS) ) has provided an announcement.

On June 27, 2025, Pyxis Tankers Inc.’s audit committee received a resignation notice from KPMG Certified Auditors S.A., the company’s independent registered public accounting firm. KPMG’s audit reports for the fiscal years ending December 31, 2024, and 2023 did not contain any adverse opinions, and there were no disagreements or reportable events, except for a previously remediated material weakness. Pyxis Tankers plans to engage a new accounting firm and will announce the engagement once finalized.

The most recent analyst rating on (PXS) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Pyxis Tankers stock, see the PXS Stock Forecast page.

Spark’s Take on PXS Stock

According to Spark, TipRanks’ AI Analyst, PXS is a Neutral.

Pyxis Tankers benefits from a strong valuation with an attractive P/E ratio, indicating potential for value-driven growth. However, the technical indicators suggest a neutral to slightly negative momentum, and financial performance highlights the need for improved cash flow management amid high capital expenditures. These factors collectively result in a moderate overall stock score.

To see Spark’s full report on PXS stock, click here.

More about Pyxis Tankers

Pyxis Tankers Inc. is a company operating in the maritime industry, focusing on the transportation of refined petroleum products and other bulk liquids. The company is known for its fleet of tanker vessels, which serve various global markets.

Average Trading Volume: 32,084

Technical Sentiment Signal: Sell

Current Market Cap: $30.3M

See more insights into PXS stock on TipRanks’ Stock Analysis page.

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