Foxx Development Holdings Inc. (FOXX) Stock

About Foxx Development Holdings Inc.

Foxx Development Holdings Inc. operates within the United States, focusing on the distribution and retail sales of its proprietary Foxx-branded smartphones and tablets. The company's offerings extend beyond these core products to include wearables and various other communication devices. Furthermore, Foxx is actively engaged in providing after-sales customer support and conducting research and development to devise innovative customization standards and services. Its primary customer base includes value-conscious consumers, individuals acquiring a tablet or smartphone for the first time, and parents purchasing these devices for their children. Foxx reaches these diverse clients through the online and physical retail outlets of its telecommunication partners. Founded in 2017, Foxx Development Holdings Inc. is headquartered in Irvine, California.

Foxx Development Holdings Inc. is led by CEO Gregory Foley, employs 25 people, headquartered in US, publicly traded since 2022.

Foxx Development Holdings Inc. (FOXX) stock trades at $2.46 with a market capitalization of $17.32M. The stock is valued at a price-to-earnings (P/E) ratio of -0.37, price-to-book of -0.37, price-to-sales of 0.30. Over the past 52 weeks the stock has ranged between $1.71 and $8.88, and currently trades 72.3% below its 52-week high.

On profitability, Foxx Development Holdings Inc. generates a return on equity (ROE) of 260.56% — well above the market average, a sign of a high-quality business, return on capital employed of 113.24%, an operating margin of -15.15%, a net profit margin of -79.80%.

Official website: www.foxxusa.com