Boxlight Corporation (BOXL) Stock: Analyzing the Market Value

The 36-month beta value for BOXL is at 1.26. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for BOXL is 8.54M, and currently, shorts hold a 0.99% of that float. The average trading volume for BOXL on April 04, 2024 was 56.27K shares.

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BOXL) stock’s latest price update

Boxlight Corporation (NASDAQ: BOXL)’s stock price has dropped by -7.63 in relation to previous closing price of 0.66. Nevertheless, the company has seen a loss of -12.40% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-13 that Boxlight Corporation (BOXL) Q4 2023 Earnings Call Transcript

BOXL’s Market Performance

Boxlight Corporation (BOXL) has experienced a -12.40% fall in stock performance for the past week, with a -25.85% drop in the past month, and a -41.46% drop in the past quarter. The volatility ratio for the week is 10.57%, and the volatility levels for the past 30 days are at 9.46% for BOXL. The simple moving average for the past 20 days is -21.88% for BOXL’s stock, with a -59.71% simple moving average for the past 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 -25.43% 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 -82.26% of loss for the given period.

Volatility was left at 9.46%, however, over the last 30 days, the volatility rate increased by 10.57%, as shares sank -27.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.28% lower at present.

During the last 5 trading sessions, BOXL fell by -12.40%, which changed the moving average for the period of 200-days by -72.58% in comparison to the 20-day moving average, which settled at $0.7675. In addition, Boxlight Corporation saw -43.10% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BOXL starting from Marklew Shaun, who sale 735 shares at the price of $0.68 back on Mar 27 ’24. After this action, Marklew Shaun now owns 30,907 shares of Boxlight Corporation, valued at $496 using the latest closing price.

Marklew Shaun, the Chief Technology Officer of Boxlight Corporation, sale 885 shares at $0.79 during a trade that took place back on Feb 27 ’24, which means that Marklew Shaun is holding 31,642 shares at $699 based on the most recent closing price.

Stock Fundamentals for BOXL

Current profitability levels for the company are sitting at:

  • -0.08 for the present operating margin
  • 0.35 for the gross margin

The net margin for Boxlight Corporation stands at -0.22. The total capital return value is set at -0.12. Equity return is now at value -62.32, with -21.57 for asset returns.

Based on Boxlight Corporation (BOXL), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.93. The interest coverage ratio of the stock is -2.95.

Currently, EBITDA for the company is 7.75 million with net debt to EBITDA at -2.58. When we switch over and look at the enterprise to sales, we see a ratio of 0.21. The receivables turnover for the company is 5.99for trailing twelve months and the total asset turnover is 1.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.17.

Conclusion

In conclusion, Boxlight Corporation (BOXL) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.

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