Shares of usell.com Inc (OTCMKTS:USEL – Get Free Report) dropped 4.2% during trading on Tuesday. The stock traded as low as $1.15 and last traded at $1.15. 803 shares changed hands during trading, a decline of 79% from the average session volume of 3,804 shares. The stock had previously closed at $1.20.
usell.com Stock Down 4.2%
The business’s fifty day simple moving average is $1.15 and its two-hundred day simple moving average is $1.28. The company has a market cap of $34.12 million, a PE ratio of -1.95 and a beta of 2.15. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.78 and a quick ratio of 0.43.
About usell.com
uSell.com, Inc. operated an online marketplace designed to help consumers sell used consumer electronics. The platform primarily focused on mobile phones and related devices, allowing users to obtain offers from third-party buyers and arrange transactions through the website. The company’s business model centered on facilitating the resale of pre-owned electronics rather than manufacturing or directly distributing new devices. Its services were aimed at consumers seeking a convenient way to compare offers and sell unwanted phones, tablets, and other electronic equipment.
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