PhoneX Holdings, Inc. (OTCMKTS:PXHI – Get Free Report) shares fell 9.8% during mid-day trading on Wednesday . The company traded as low as $1.75 and last traded at $1.75. 200 shares were traded during trading, a decline of 94% from the average session volume of 3,080 shares. The stock had previously closed at $1.94.
PhoneX Stock Down 9.8%
The firm has a 50 day moving average price of $1.86 and a 200 day moving average price of $1.90. The stock has a market cap of $59.34 million, a PE ratio of 2.24 and a beta of 0.86.
PhoneX (OTCMKTS:PXHI – Get Free Report) last issued its earnings results on Friday, November 14th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $2.19 million for the quarter.
About PhoneX
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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