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PhoneX (OTCMKTS:PXHI) Trading Down 2.1% - Should You Sell?

PhoneX logo with Computer and Technology background

PhoneX Holdings, Inc. (OTCMKTS:PXHI - Get Free Report)'s share price dropped 2.1% during mid-day trading on Wednesday . The stock traded as low as $1.42 and last traded at $1.42. Approximately 4,000 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 5,620 shares. The stock had previously closed at $1.45.

PhoneX Price Performance

The firm's fifty day moving average price is $1.39 and its 200-day moving average price is $1.27. The stock has a market cap of $47.86 million, a P/E ratio of 8.38 and a beta of 2.14.

About PhoneX

(Get Free Report)

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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