PhoneX (OTCMKTS:PXHI) Stock Price Up 1.1% – What’s Next?

PhoneX Holdings, Inc. (OTCMKTS:PXHI)’s stock price traded up 1.1% during mid-day trading on Friday . The company traded as high as $1.89 and last traded at $1.89. 694 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 6,531 shares. The stock had previously closed at $1.87.

PhoneX Trading Up 1.1%

The stock has a fifty day moving average of $1.98 and a two-hundred day moving average of $1.80. The stock has a market capitalization of $64.09 million, a price-to-earnings ratio of 2.42 and a beta of 0.84.

PhoneX (OTCMKTS:PXHI) last released its quarterly earnings results on Friday, November 14th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $2.19 million during the quarter.

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.