PhoneX (OTCMKTS:PXHI) Trading Down 2.6% – Time to Sell?

PhoneX Holdings, Inc. (OTCMKTS:PXHIGet Free Report) was down 2.6% during mid-day trading on Monday . The stock traded as low as $1.90 and last traded at $1.90. Approximately 115 shares traded hands during trading, a decline of 97% from the average daily volume of 3,905 shares. The stock had previously closed at $1.95.

PhoneX Stock Performance

The firm has a market capitalization of $64.43 million, a P/E ratio of 2.44 and a beta of 0.84. The business has a fifty day moving average of $1.91 and a 200-day moving average of $1.86.

PhoneX (OTCMKTS:PXHIGet Free Report) last announced its earnings results on Friday, November 14th. The company reported $0.03 earnings per share for the quarter. The business had revenue of $2.19 million for the quarter.

About PhoneX

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PhoneX Holdings, Inc operates as a market maker of used smartphones. The company acquires products from individual consumers through its uSell.com Website, as well as from various carriers, big box retailers, and manufacturers through its subsidiary, We Sell Cellular. It sells its devices to professional buyers, such as brick and mortar retailers, online retailers, large and small wholesalers, small repair shops, large refurbishing providers, and insurance companies, as well as directly to consumers through third party e-commerce platforms.

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