usell.com (OTCMKTS:USEL) issued its quarterly earnings results on Monday, May 21st. The technology company reported ($0.08) earnings per share for the quarter, Bloomberg Earnings reports. usell.com had a negative net margin of 15.28% and a negative return on equity of 193.30%. The company had revenue of $14.17 million during the quarter.
Shares of OTCMKTS:USEL remained flat at $$0.03 during trading on Thursday. usell.com has a 12 month low of $0.03 and a 12 month high of $0.82. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.90 and a quick ratio of 0.30.
Separately, ValuEngine downgraded shares of usell.com from a “buy” rating to a “hold” rating in a report on Wednesday, April 11th.
usell.com Company Profile
usell.com, Inc operates as a market maker of used smartphones. It 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. The company 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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