Foxx Development (NASDAQ:FOXX) Releases Quarterly Earnings Results

Foxx Development (NASDAQ:FOXX) posted its earnings results on Friday. The company reported $0.20 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $17.48 million for the quarter.

Foxx Development Price Performance

Foxx Development stock opened at $4.00 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm’s 50-day moving average price is $4.99. Foxx Development has a 52-week low of $2.44 and a 52-week high of $12.80.

About Foxx Development

Foxx Development Holdings Inc is a consumer electronics and integrated Internet-of-Things solution company catering to both retail and institutional clients. The company currently sells a diverse range of products including mobile phones, tablets and other consumer electronics devices principally in United State and is in the process of developing and distributing end-to-end communication terminals and IoT solutions.