Shares of PhoneX Holdings, Inc. (OTCMKTS:PXHI – Get Free Report) fell 6.5% during mid-day trading on Thursday . The company traded as low as $1.36 and last traded at $1.36. 500 shares were traded during mid-day trading, a decline of 93% from the average session volume of 6,692 shares. The stock had previously closed at $1.45.
PhoneX Stock Performance
The stock has a fifty day moving average of $1.35 and a 200 day moving average of $1.19. The company has a market capitalization of $48.48 million, a PE ratio of 8.48 and a beta of 2.40.
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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