usell.com (OTCMKTS:USEL) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Shares of usell.com Inc (OTCMKTS:USELGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.57 and traded as low as $1.12. usell.com shares last traded at $1.34, with a volume of 1,956 shares.

usell.com Stock Performance

The company’s 50-day moving average price is $1.23 and its two-hundred day moving average price is $1.57. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.43 and a current ratio of 0.78. The stock has a market cap of $38.27 million, a PE ratio of -2.19 and a beta of 2.15.

usell.com Company Profile

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uSell.com, Inc operates an online platform that connects consumers seeking to sell used electronic devices with a network of professional buyers. Through its website, users enter information about smartphones, tablets, smartwatches and computing devices to receive multiple instant trade-in offers. The platform aggregates bids to help sellers compare prices and maximize the resale value of their end-of-life electronics.

Beyond its consumer portal, the company provides white-label trade-in solutions and application programming interfaces (APIs) to retailers, wireless carriers and e-commerce businesses.

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