usell.com (OTCMKTS:USEL) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

usell.com Inc (OTCMKTS:USEL)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.93 and traded as low as $1.65. usell.com shares last traded at $1.70, with a volume of 1,000 shares.

usell.com Trading Up 6.2%

The company has a quick ratio of 0.43, a current ratio of 0.78 and a debt-to-equity ratio of 0.02. The firm has a market cap of $50.44 million, a price-to-earnings ratio of -2.88 and a beta of 2.15. The company has a 50-day moving average price of $1.80 and a 200 day moving average price of $1.93.

usell.com Company Profile

uSell.com, Inc operates an online platform that connects consumers seeking to sell used electronic devices with a network of professional buyers. Through its website, users enter information about smartphones, tablets, smartwatches and computing devices to receive multiple instant trade-in offers. The platform aggregates bids to help sellers compare prices and maximize the resale value of their end-of-life electronics.

Beyond its consumer portal, the company provides white-label trade-in solutions and application programming interfaces (APIs) to retailers, wireless carriers and e-commerce businesses.