Shares of PhoneX Holdings, Inc. (OTCMKTS:PXHI – Get Free Report) rose 9.7% during trading on Thursday . The stock traded as high as $1.70 and last traded at $1.70. Approximately 500 shares were traded during trading, a decline of 90% from the average daily volume of 4,943 shares. The stock had previously closed at $1.55.
PhoneX Price Performance
The stock’s 50 day moving average price is $1.74 and its two-hundred day moving average price is $1.95. The firm has a market capitalization of $57.65 million, a price-to-earnings ratio of 2.18 and a beta of 0.89.
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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