PhoneX (OTCMKTS:PXHI) Posts Earnings Results

PhoneX (OTCMKTS:PXHI) announced its earnings results on Friday. The company reported $0.01 EPS for the quarter, Zacks reports.

PhoneX Price Performance

OTCMKTS:PXHI traded down $0.03 during trading hours on Friday, hitting $1.20. The company had a trading volume of 1,100 shares, compared to its average volume of 5,309. The stock has a 50-day moving average price of $1.20 and a 200 day moving average price of $1.33. The company has a market capitalization of $41.75 million, a PE ratio of 1.52 and a beta of 0.61. PhoneX has a 52 week low of $0.95 and a 52 week high of $3.25.

PhoneX Company Profile

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.