PhoneX (OTCMKTS:PXHI) Issues Quarterly Earnings Results

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

PhoneX Stock Performance

Shares of OTCMKTS:PXHI remained flat at $1.17 during trading hours on Friday. The stock has a market cap of $41.79 million, a P/E ratio of 7.31 and a beta of 2.24. The business has a fifty day moving average price of $1.09 and a 200-day moving average price of $1.20. PhoneX has a 12 month low of $0.80 and a 12 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.