Pyxus International (PYX) Trading 6.8% Higher

Pyxus International Inc (NYSE:PYX) shares traded up 6.8% during mid-day trading on Thursday . The company traded as high as $19.83 and last traded at $18.97. 613,944 shares were traded during mid-day trading, an increase of 23% from the average session volume of 500,267 shares. The stock had previously closed at $17.76.

A number of research analysts recently issued reports on the stock. TheStreet lowered shares of Pyxus International from a “c-” rating to a “d” rating in a report on Thursday, May 9th. Odeon Capital Group assumed coverage on shares of Pyxus International in a report on Friday, February 22nd. They issued 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.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Marshall Wace LLP bought a new position in Pyxus International during the 1st quarter worth approximately $1,596,000. Bank of New York Mellon Corp bought a new stake in shares of Pyxus International in the 3rd quarter valued at $758,000. Teachers Advisors LLC bought a new stake in shares of Pyxus International in the 3rd quarter valued at $452,000. Marshall Wace North America L.P. bought a new stake in shares of Pyxus International in the 1st quarter valued at $316,000. Finally, Rhumbline Advisers bought a new stake in shares of Pyxus International in the 4th quarter valued at $140,000. Institutional investors and hedge funds own 57.28% of the company’s stock.

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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.

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