Shares of PhoneX Holdings, Inc. (OTCMKTS:PXHI – Get Free Report) rose 4.3% on Wednesday. The company traded as high as $1.20 and last traded at $1.20. 100 shares changed hands during trading, a decline of 94% from the average daily volume of 1,605 shares. The stock had previously closed at $1.15.
PhoneX Stock Up 3.3%
The firm’s 50 day simple moving average is $1.17 and its 200-day simple moving average is $1.28. The company has a market capitalization of $43.14 million, a PE ratio of 1.55 and a beta of 0.71.
PhoneX (OTCMKTS:PXHI – Get Free Report) last posted its earnings results on Friday, August 14th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $2.38 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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