Boxlight Corporation [NASDAQ: BOXL] loss -7.11% on the last trading session, reaching $1.96 price per share at the time. The company report on April 15, 2021 that Boxlight Interactive Panels Used in School for Special Needs Students.
Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology, digital signage, and software solutions, announced the successful integration of the ProColor interactive flat panel displays in a school for students with special needs.
Clelian Heights School for Exceptional Children (Greensburg, PA) has outfitted each classroom with the ProColor interactive flat panel display, boosting engagement for students with special needs ranging in age from 5-years-old to 21-years-old. By incorporating the user-friendly displays that project crystal clear images, students who have difficulty focusing are now more engaged and actively participate. The large displays have also proven especially useful with students who are learning remotely.
Boxlight Corporation represents 53.34 million in outstanding shares, while the company has a total market value of $119.70 million with the latest information. BOXL stock price has been found in the range of $1.91 to $2.06.
If compared to the average trading volume of 5.22M shares, BOXL reached a trading volume of 2994797 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 0.24, with the Price to Sales ratio for BOXL stock in the period of the last 12 months amounting to 2.18. The Price to Book ratio for the last quarter was 2.36, with the Price to Cash per share for the same quarter was set at 0.22.
Trading performance analysis for BOXL stock
Boxlight Corporation [BOXL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -20.97. With this latest performance, BOXL shares dropped by -22.22% in over the last four-week period, additionally plugging by 15.29% over the last 6 months – not to mention a rise of 187.31% 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 33.16, with the RSI for the last a single of trading hit 24.43, and the three-weeks RSI is set at 38.64 for Boxlight Corporation [BOXL]. The present Moving Average for the last 50 days of trading for this stock 2.6871, while it was recorded at 2.1760 for the last single week of trading, and 2.0082 for the last 200 days.
Boxlight Corporation [BOXL]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Boxlight Corporation [BOXL] shares currently have an operating margin of -21.46 and a Gross Margin at +13.34. Boxlight Corporation’s Net Margin is presently recorded at -29.43.
Return on Total Capital for BOXL is now -22.75, given the latest momentum, and Return on Invested Capital for the company is -39.47. Return on Equity for this stock declined to -44.44, with Return on Assets sitting at -20.14. When it comes to the capital structure of this company, Boxlight Corporation [BOXL] has a Total Debt to Total Equity ratio set at 33.61. Additionally, BOXL Total Debt to Total Capital is recorded at 25.15, with Total Debt to Total Assets ending up at 17.61. Long-Term Debt to Equity for the company is recorded at 17.61, with the Long-Term Debt to Total Capital now at 7.99.
Reflecting on the efficiency of the workforce at the company, Boxlight Corporation [BOXL] managed to generate an average of -$85,460 per employee. Receivables Turnover for the company is 4.46 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 1.00 and a Current Ratio set at 1.50.
Boxlight Corporation [BOXL]: An earnings per share (EPS) analysis
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.
An analysis of insider ownership at Boxlight Corporation [BOXL]
There are presently around $8 million, or 7.50% 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 2.50% of the total institutional ownership; BLACKROCK INC., holding 1,073,827 shares of the stock with an approximate value of $2.1 million in BOXL stocks shares; and BARD ASSOCIATES INC, currently with $1.31 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 May and at the time of the May 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.