usell.com (OTCMKTS:USEL) Shares Pass Below 200-Day Moving Average – Here’s Why

usell.com Inc (OTCMKTS:USEL)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.18 and traded as low as $1.09. usell.com shares last traded at $1.09, with a volume of 1,270 shares trading hands.

usell.com Trading Up 10.1 %

The business has a 50 day moving average of $1.12 and a two-hundred day moving average of $1.17. The firm has a market capitalization of $35.60 million, a price-to-earnings ratio of -2.03 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.

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.