Boxlight Corporation [BOXL] stock prices are up 3.41% to $0.88 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BOXL shares have gain 119.75% over the last week, with a monthly amount glided 109.79%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Boxlight Corporation [NASDAQ: BOXL] stock has seen the most recent analyst activity on November 14, 2024, when Alliance Global Partners downgraded its rating to a Neutral. Previously, National Securities upgraded its rating to Buy on May 19, 2020. On March 23, 2020, downgrade downgraded it’s rating to Neutral. National Securities started tracking the stock assigning a Buy rating and suggested a price target of $4 on October 22, 2019.
The stock price of Boxlight Corporation [BOXL] has been fluctuating between $0.30 and $2.13 over the past year. Currently, Wall Street analysts expect the stock to reach $0.125 within the next 12 months. Boxlight Corporation [NASDAQ: BOXL] shares were valued at $0.88 at the most recent close of the market. An investor can expect a potential drop of -85.8% based on the average BOXL price forecast.
Analyzing the BOXL fundamentals
The Boxlight Corporation [NASDAQ:BOXL] reported sales of 150.71M for trailing twelve months, representing a drop of -26.94%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.93 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7369 points at the first support level, and at 0.5949 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0405, and for the 2nd resistance point, it is at 1.2021.
Ratios To Look Out For
It’s worth pointing out that Boxlight Corporation [NASDAQ:BOXL]’s Current Ratio is 2.10. Also, the Quick Ratio is 1.06, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 0.06, the price to book ratio is 1.32.
Transactions by insiders
Recent insider trading involved Marklew Shaun, Chief Technology Officer, that happened on Oct 01 ’24 when 735.0 shares were sold. Chief Technology Officer, Marklew Shaun completed a deal on Aug 28 ’24 to sell 885.0 shares. Meanwhile, Chief Financial Officer Wiggins Greg sold 162.0 shares on Aug 28 ’24.
