PhoneX (OTCMKTS:PXHI) Shares Down 0.8% – What’s Next?

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

PhoneX Stock Down 0.8 %

The company has a 50 day moving average of $1.13 and a two-hundred day moving average of $1.16. The firm has a market cap of $42.50 million, a P/E ratio of 7.44 and a beta of 2.24.

PhoneX (OTCMKTS:PXHIGet Free Report) last issued its quarterly earnings results on Friday, December 20th. The company reported $0.01 earnings per share 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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