PhoneX Holdings, Inc. (OTCMKTS:PXHI – Get Free Report) shares rose 17% on Tuesday . The company traded as high as $1.50 and last traded at $1.17. 22,300 shares were traded during mid-day trading, an increase of 891% from the average daily volume of 2,251 shares. The stock had previously closed at $1.00.
PhoneX Stock Performance
The firm’s fifty day moving average is $1.16 and its 200-day moving average is $1.25. The company has a market capitalization of $45.23 million, a P/E ratio of 1.62 and a beta of 0.65.
PhoneX (OTCMKTS:PXHI – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.01 EPS for the quarter. The company had revenue of $2.38 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.
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