Boxlight Corporation [NASDAQ: BOXL] traded at a low on 03/29/21, posting a -12.59 loss after which it closed the day’ session at $2.54. The company report on March 26, 2021 that Boxlight Reports Fourth Quarter and Full Year 2020 Financial Results.
Reported $31.9M revenues, a record quarter.
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Net loss per common share improved by $0.09 to $(0.17) for Q4 and by $0.49 to $(0.39) for FY.
The results of the trading session contributed to over 4470921 shares changing hands. Over the past one week, the price volatility of Boxlight Corporation stands at 12.66% while the volatility over the past one month is 13.03%.
The market cap for BOXL stock reached $129.29 million, with 44.22 million shares outstanding and 40.98 million shares in the current float. Compared to the average trading volume of 6.18M shares, BOXL reached a trading volume of 4470921 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Boxlight Corporation [BOXL]?
National Securities have made an estimate for Boxlight Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 19, 2020. The new note on the price target was released on March 23, 2020, representing the official price target for Boxlight Corporation stock. Previously, the target price had yet another raise to $4, while National Securities analysts kept a Buy rating on BOXL stock.
The Average True Range (ATR) for Boxlight Corporation is set at 0.35, with the Price to Sales ratio for BOXL stock in the period of the last 12 months amounting to 4.57. The Price to Book ratio for the last quarter was 2.54, with the Price to Cash per share for the same quarter was set at 0.19.
How has BOXL stock performed recently?
Boxlight Corporation [BOXL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.65. With this latest performance, BOXL shares dropped by -8.81% in over the last four-week period, additionally plugging by 52.71% over the last 6 months – not to mention a rise of 360.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BOXL stock in for the last two-week period is set at 46.64, with the RSI for the last a single of trading hit 43.28, and the three-weeks RSI is set at 48.72 for Boxlight Corporation [BOXL]. The present Moving Average for the last 50 days of trading for this stock 2.63, while it was recorded at 2.81 for the last single week of trading, and 1.91 for the last 200 days.
Boxlight Corporation [BOXL]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Boxlight Corporation [BOXL] shares currently have an operating margin of -23.15 and a Gross Margin at +17.98. Boxlight Corporation’s Net Margin is presently recorded at -29.43.
Return on Total Capital for BOXL is now -24.45, given the latest momentum, and Return on Invested Capital for the company is -39.29. Return on Equity for this stock declined to -44.20, with Return on Assets sitting at -20.08. When it comes to the capital structure of this company, Boxlight Corporation [BOXL] has a Total Debt to Total Equity ratio set at 33.43. Additionally, BOXL Total Debt to Total Capital is recorded at 25.05, with Total Debt to Total Assets ending up at 17.56. Long-Term Debt to Equity for the company is recorded at 17.46, with the Long-Term Debt to Total Capital now at 7.96.
Receivables Turnover for the company is 4.47 with a Total Asset Turnover recorded at a value of 0.68.Boxlight Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.80.
Earnings analysis for Boxlight Corporation [BOXL]
With the latest financial reports released by the company, Boxlight Corporation posted -0.16/share EPS, while the average EPS was predicted by analysts to be reported at -0.26/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 38.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BOXL.
Insider trade positions for Boxlight Corporation [BOXL]
There are presently around $11 million, or 8.40% of BOXL stock, in the hands of institutional investors. The top three institutional holders of BOXL stocks are: VANGUARD GROUP INC with ownership of 1,664,166, which is approximately -15.424% of the company’s market cap and around 1.00% of the total institutional ownership; BLACKROCK INC., holding 1,073,827 shares of the stock with an approximate value of $2.72 million in BOXL stocks shares; and BARD ASSOCIATES INC, currently with $1.7 million in BOXL stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Boxlight Corporation stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 20 institutional holders increased their position in Boxlight Corporation [NASDAQ:BOXL] by around 1,515,265 shares. Additionally, 9 investors decreased positions by around 1,264,120 shares, while 4 investors held positions by with 1,511,846 shares. The mentioned changes placed institutional holdings at 4,291,231 shares, according to the latest SEC report filing. BOXL stock had 15 new institutional investments in for a total of 1,353,336 shares, while 6 institutional investors sold positions of 889,699 shares during the same period.