PhoneX Holdings, Inc. (OTCMKTS:PXHI – Get Free Report)’s share price shot up 1% during mid-day trading on Wednesday . The company traded as high as $1.1612 and last traded at $1.1612. 400 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 603 shares. The stock had previously closed at $1.15.
PhoneX Stock Up 1.0%
The company has a 50 day simple moving average of $1.20 and a 200 day simple moving average of $1.47. The company has a market capitalization of $40.36 million, a price-to-earnings ratio of 1.47 and a beta of 0.73.
PhoneX (OTCMKTS:PXHI – Get Free Report) last posted its quarterly earnings results on Friday, May 15th. The company reported $0.02 EPS for the quarter. The business had revenue of $2.63 million during 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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