Phonex Inc Stock Today

PXHI Stock  USD 1.05  0.14  15.38%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 17

 
100  
 
Zero
Low
Phonex is trading at 1.05 as of the 28th of March 2024. This is a 15.38 percent up since the beginning of the trading day. The stock's open price was 0.91. Phonex has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Phonex Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
PhoneX Holdings, Inc. operates as a market maker of used smartphones. PhoneX Holdings, Inc. was incorporated in 2003 and is headquartered in New York, New York. Phonex Holdings operates under Internet Retail classification in the United States and is traded on OTC Exchange. The company has 29.67 M outstanding shares. More on Phonex Inc
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Phonex Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Phonex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Phonex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, CFO, DirectorNikhil Raman
Business ConcentrationInternet Retail, Consumer Cyclical (View all Sectors)
Phonex Inc [PXHI] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Micro-Cap' category with a current market capitalization of 32.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Phonex's market, we take the total number of its shares issued and multiply it by Phonex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Phonex Inc conducts business under Consumer Cyclical sector and is part of Internet Retail industry. The entity has 29.67 M outstanding shares. Phonex Inc currently holds about 1.1 M in cash with 5.23 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Phonex Probability Of Bankruptcy
Ownership Allocation
Phonex owns a total of 29.67 Million outstanding shares. Phonex holds 4.13 pct. of its outstanding shares held by insiders and 21.06 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Phonex Ownership Details

Phonex Inc Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Phonex market risk premium is the additional return an investor will receive from holding Phonex long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Phonex. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Phonex's alpha and beta are two of the key measurements used to evaluate Phonex's performance over the market, the standard measures of volatility play an important role as well.

Phonex Stock Against Markets

Picking the right benchmark for Phonex pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Phonex pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Phonex is critical whether you are bullish or bearish towards Phonex Inc at a given time. Please also check how Phonex's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Phonex without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Phonex Pink Sheet?

Before investing in Phonex, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Phonex. To buy Phonex stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Phonex. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Phonex stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Phonex Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Phonex Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Phonex Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Phonex Inc?

The danger of trading Phonex Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Phonex is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Phonex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Phonex Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phonex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Phonex Inc information on this page should be used as a complementary analysis to other Phonex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Phonex's price analysis, check to measure Phonex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phonex is operating at the current time. Most of Phonex's value examination focuses on studying past and present price action to predict the probability of Phonex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phonex's price. Additionally, you may evaluate how the addition of Phonex to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Phonex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phonex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phonex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.