PhoneX (OTCMKTS:PXHI) Stock Price Down 0.8% – Here’s What Happened

PhoneX Holdings, Inc. (OTCMKTS:PXHIGet Free Report)’s stock price dropped 0.8% on Friday . The company traded as low as $1.19 and last traded at $1.19. Approximately 4,000 shares traded hands during trading, an increase of 30% from the average daily volume of 3,070 shares. The stock had previously closed at $1.20.

PhoneX Stock Down 0.8 %

The firm’s 50 day moving average is $1.13 and its two-hundred day moving average is $1.16. The stock has a market cap of $42.50 million, a price-to-earnings ratio of 7.44 and a beta of 2.24.

PhoneX (OTCMKTS:PXHIGet Free Report) last released its quarterly earnings data on Friday, December 20th. The company reported $0.01 earnings per share (EPS) for the quarter.

About PhoneX

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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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