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PhoneX (OTCMKTS:PXHI) Trading Down 0.7% - Here's Why

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PhoneX Holdings, Inc. (OTCMKTS:PXHI - Get Free Report)'s stock price fell 0.7% during trading on Thursday . The stock traded as low as $1.48 and last traded at $1.48. 475 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 9,004 shares. The stock had previously closed at $1.49.

PhoneX Stock Performance

The firm's fifty day moving average price is $1.25 and its 200-day moving average price is $1.14. The firm has a market cap of $52.86 million, a price-to-earnings ratio of 9.25 and a beta of 2.40.

PhoneX (OTCMKTS:PXHI - Get Free Report) last posted its earnings results on Friday, December 20th. The company reported $0.01 earnings per share for the quarter.

About PhoneX

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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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