usell.com (OTCMKTS:USEL) Stock Price Up 6.4% – What’s Next?

usell.com Inc (OTCMKTS:USEL)’s stock price traded up 6.4% during mid-day trading on Thursday . The stock traded as high as $1.17 and last traded at $1.17. 500 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 3,804 shares. The stock had previously closed at $1.10.

usell.com Price Performance

The company has a quick ratio of 0.43, a current ratio of 0.78 and a debt-to-equity ratio of 0.02. The stock has a 50-day simple moving average of $1.08 and a two-hundred day simple moving average of $1.21. The firm has a market cap of $34.71 million, a PE ratio of -1.98 and a beta of 2.15.

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.