Boxlight Corporation (NASDAQ: BOXL)’s stock price has dropped by -17.97 in relation to previous closing price of 0.50. Nevertheless, the company has seen a loss of -27.57% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-13 that Boxlight Corporation (NASDAQ:BOXL ) Q3 2024 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Jeff Stanlis – Investor Relations Dale Strang – Chief Executive Officer Greg Wiggins – Chief Financial Officer Conference Call Participants Brian Kinstlinger – Alliance Global Partners Jack Vander Aarde – Maxim Group Operator Good afternoon and welcome to the Boxlight Corporation Third Quarter Financial Results Call. At this time, all participants are in a listen-only mode.
Is It Worth Investing in Boxlight Corporation (NASDAQ: BOXL) Right Now?
Company’s 36-month beta value is 1.36.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for BOXL is 9.21M, and currently, short sellers hold a 0.58% ratio of that floaft. The average trading volume of BOXL on November 18, 2024 was 51.50K shares.
BOXL’s Market Performance
BOXL’s stock has seen a -27.57% decrease for the week, with a -10.41% drop in the past month and a -8.91% fall in the past quarter. The volatility ratio for the week is 10.69%, and the volatility levels for the past 30 days are at 9.03% for Boxlight Corporation The simple moving average for the past 20 days is -15.70% for BOXL’s stock, with a -32.41% simple moving average for the past 200 days.
BOXL Trading at -12.69% 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 -69.25% of loss for the given period.
Volatility was left at 9.03%, however, over the last 30 days, the volatility rate increased by 10.69%, as shares sank -10.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.63% lower at present.
During the last 5 trading sessions, BOXL fell by -27.57%, which changed the moving average for the period of 200-days by -52.63% in comparison to the 20-day moving average, which settled at $0.4891. In addition, Boxlight Corporation saw -61.49% 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 $0.46 back on Oct 01 ’24. After this action, Marklew Shaun now owns 27,667 shares of Boxlight Corporation, valued at $338 using the latest closing price.
Marklew Shaun, the Chief Technology Officer of Boxlight Corporation, sale 885 shares at $0.46 during a trade that took place back on Aug 28 ’24, which means that Marklew Shaun is holding 28,402 shares at $407 based on the most recent closing price.
Stock Fundamentals for BOXL
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.3 for the gross margin
The net margin for Boxlight Corporation stands at -0.2. The total capital return value is set at -0.08. Equity return is now at value -62.20, with -18.21 for asset returns.
Based on Boxlight Corporation (BOXL), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 1.69. The interest coverage ratio of the stock is 1.54.
Currently, EBITDA for the company is -17.59 million with net debt to EBITDA at -2.77. When we switch over and look at the enterprise to sales, we see a ratio of 0.28. The receivables turnover for the company is 5.94for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.10.
Conclusion
In a nutshell, Boxlight Corporation (BOXL) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
