The stock of Boxlight Corporation (BOXL) has gone down by -18.77% for the week, with a -21.18% drop in the past month and a 32.95% rise in the past quarter. The volatility ratio for the week is 15.76%, and the volatility levels for the past 30 days are 13.48% for BOXL. The simple moving average for the last 20 days is -23.53% for BOXL stock, with a simple moving average of -19.72% for the last 200 days.
Is It Worth Investing in Boxlight Corporation (NASDAQ: BOXL) Right Now?
The 36-month beta value for BOXL is also noteworthy at 2.53. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for BOXL is $1.88, which is $1.89 above than the current price. The public float for BOXL is 67.39M, and at present, short sellers hold a 1.58% of that float. The average trading volume of BOXL on March 17, 2023 was 1.07M shares.
BOXL) stock’s latest price update
Boxlight Corporation (NASDAQ: BOXL)’s stock price has decreased by -15.42 compared to its previous closing price of 0.52. however, the company has experienced a -18.77% decrease in its stock price over the last five trading days.
Analysts’ Opinion of BOXL
The stock of Boxlight Corporation (BOXL) has gone down by -18.77% for the week, with a -21.18% drop in the past month and a 32.95% rise in the past quarter. The volatility ratio for the week is 15.76%, and the volatility levels for the past 30 days are 13.48% for BOXL. The simple moving average for the last 20 days is -23.53% for BOXL stock, with a simple moving average of -19.72% for the last 200 days.
Analysts’ Opinion of BOXL
National Securities gave a rating of “Buy” to BOXL, setting the target price at $4 in the report published on October 22nd of the previous year.
BOXL Trading at -4.95% from the 50-Day Moving Average
After a stumble in the market that brought BOXL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.03% of loss for the given period.
Volatility was left at 13.48%, however, over the last 30 days, the volatility rate increased by 15.76%, as shares sank -32.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.78% upper at present.
During the last 5 trading sessions, BOXL fell by -18.77%, which changed the moving average for the period of 200-days by -49.47% in comparison to the 20-day moving average, which settled at $0.5643. In addition, Boxlight Corporation saw 41.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BOXL starting from Pope Michael Ross, who sale 5,691 shares at the price of $0.51 back on Mar 10. After this action, Pope Michael Ross now owns 1,632,978 shares of Boxlight Corporation, valued at $2,902 using the latest closing price.
Marklew Shaun, the Chief Technology Officer of Boxlight Corporation, sale 2,938 shares at $0.54 during a trade that took place back on Mar 09, which means that Marklew Shaun is holding 195,153 shares at $1,587 based on the most recent closing price.
Stock Fundamentals for BOXL
Current profitability levels for the company are sitting at:
- -1.39 for the present operating margin
- +21.26 for the gross margin
The net margin for Boxlight Corporation stands at -7.45. Equity return is now at value -21.20, with -5.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.98.
Conclusion
In summary, Boxlight Corporation (BOXL) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
