PhoneX (OTCMKTS:PXHI) Releases Quarterly 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

PXHI stock opened at $1.17 on Friday. The business’s 50-day moving average price is $1.09 and its 200-day moving average price is $1.19. The stock has a market cap of $41.78 million, a P/E ratio of 7.31 and a beta of 2.24. PhoneX has a twelve month low of $0.80 and a twelve month high of $1.64.

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.