(OTCMKTS:USEL) Share Price Crosses Below Two Hundred Day Moving Average of $0.92

Shares of Inc (OTCMKTS:USEL) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.92 and traded as low as $0.89. shares last traded at $0.89, with a volume of 5,822 shares trading hands.

The company has a current ratio of 0.78, a quick ratio of 0.43 and a debt-to-equity ratio of 0.02. The firm has a fifty day simple moving average of $0.94 and a 200 day simple moving average of $0.92.

About (OTCMKTS:USEL), Inc operates as a market maker of used smartphones. It acquires products from individual consumers through its 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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