Boxed Inc. (NYSE:BOXD)’s traded shares stood at 13.55 million during the last session. At the close of trading, the stock’s price was $0.22, to imply a decrease of -48.26% or -$0.21 in intraday trading. The BOXD share’s 52-week high remains $12.45, putting it -5559.09% down since that peak but still an impressive 18.18% since price per share fell to its 52-week low of $0.18. The company has a valuation of $12.80M, with an average of 4.0 million shares in intraday trading volume over the past 10 days and average of 3.36 million shares over the past 3 months.
Boxed Inc. (NYSE:BOXD) trade information
After registering a -48.26% downside in the last session, Boxed Inc. (BOXD) has traded red over the past five days. The stock hit a weekly high of 0.5121 this Wednesday, 03/15/23, dropping -48.26% in its intraday price action. The 5-day price performance for the stock is -49.75%, and -55.72% over 30 days. With these gigs, the year-to-date price performance is 12.83%. Short interest in Boxed Inc. (NYSE:BOXD) saw shorts transact 6.23 million shares and set a 1.39 days time to cover.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
Boxed Inc. (BOXD) estimates and forecasts
Revenue is forecast to grow 67.50% this quarter before jumping 55.60% for the next one. The rating firms project that company’s revenue will shrink -2.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is $39.88 million. Meanwhile, for the quarter ending Mar 2023, a total of 2 analyst(s) estimate revenue growth to $51.77 million.Earnings reports from the last fiscal year show that sales brought in $45.05 million and $46.63 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -11.50% before jumping 11.00% in the following quarter.
BOXD Dividends
Boxed Inc. has its next earnings report out between May 08 and May 12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Boxed Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Boxed Inc. (NYSE:BOXD)’s Major holders
Boxed Inc. insiders hold 20.38% of total outstanding shares, with institutional holders owning 29.84% of the shares at 37.48% float percentage. In total, 29.84% institutions holds shares in the company, led by Hamilton Lane Advisors Llc. As of Dec 30, 2022, the company held over 4.0 million shares (or 5.43% of shares), all amounting to roughly $0.78 million.
The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 3.83 million shares, or about 5.18% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $3.53 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Boxed Inc. (BOXD) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 2.88 million shares. This is just over 3.90% of the total shares, with a market valuation of $2.65 million. Data from the same date shows that the other fund manager holds a little less at 1.12 million, or 1.51% of the shares, all valued at about 0.22 million.