PhoneX (OTCMKTS:PXHI) Issues Earnings Results

PhoneX (OTCMKTS:PXHI) posted its quarterly earnings results on Friday. The company reported $0.01 EPS for the quarter, Zacks reports.

PhoneX Stock Performance

Shares of OTCMKTS PXHI traded down $0.03 during trading hours on Friday, hitting $1.20. The company’s stock had a trading volume of 1,100 shares, compared to its average volume of 5,309. The business has a 50-day simple moving average of $1.20 and a 200-day simple moving average of $1.33. The stock has a market cap of $41.75 million, a price-to-earnings ratio of 1.52 and a beta of 0.61. PhoneX has a 12 month low of $0.95 and a 12 month high of $3.25.

PhoneX Company Profile

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.