Shares of usell.com Inc (OTCMKTS:USEL – Get Free Report) shot up 23.8% during mid-day trading on Thursday . The company traded as high as $1.56 and last traded at $1.56. 16,277 shares changed hands during mid-day trading, an increase of 328% from the average session volume of 3,804 shares. The stock had previously closed at $1.26.
usell.com Price Performance
The company has a market capitalization of $38.57 million, a PE ratio of -2.64 and a beta of 2.15. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.43 and a current ratio of 0.78. The stock has a 50 day moving average price of $1.39 and a two-hundred day moving average price of $1.20.
usell.com Company Profile
usell.com, Inc operates as a market maker of used smartphones. It 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. The company 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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