PhoneX (OTCMKTS:PXHI) Issues Quarterly Earnings Results

PhoneX (OTCMKTS:PXHI) issued its quarterly earnings results on Friday. The company reported $0.02 EPS for the quarter, Zacks reports.

PhoneX Stock Performance

Shares of OTCMKTS:PXHI opened at $1.10 on Friday. The company has a market capitalization of $37.58 million, a price-to-earnings ratio of 1.40 and a beta of 0.76. PhoneX has a 12 month low of $1.00 and a 12 month high of $3.25. The firm’s 50-day moving average is $1.28 and its 200 day moving average is $1.63.

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.