Boxlight Corporation (NASDAQ:BOXL) has a beta value of 1.36 and has seen 87.87 million shares traded in the recent trading session. The company, currently valued at $19.66M, closed the recent trade at $1.74 per share which meant it gained $1.28 on the day or 278.26% during that session. The BOXL stock price is 37.36% off its 52-week high price of $1.09 and 82.76% above the 52-week low of $0.30. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.11 million shares traded. The 3-month trading volume is 79.70K shares.
Boxlight Corporation (NASDAQ:BOXL) trade information
Sporting 278.26% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BOXL stock price touched $1.74 or saw a fall of -18.37%. Year-to-date, Boxlight Corporation shares have moved 355.97%, while the 5-day performance has seen it change 326.99%. Over the past 30 days, the shares of Boxlight Corporation (NASDAQ:BOXL) have changed 329.74%. Short interest in the company has seen 52964.0 shares shorted with days to cover at 1.55.
Wall Street analysts have a consensus price target for the stock at $0.12, which means that the shares’ value could drop -1350.0% from the levels at last check today. The projected low price target is $0.125 while the price target rests at a high of $0.125. In that case, then, we find that the latest price level in today’s session is 92.82% off the targeted high while a plunge would see the stock lose 92.82% from the levels at last check today.
Boxlight Corporation (BOXL) estimates and forecasts
Figures show that Boxlight Corporation shares have underperformed across the wider relevant industry. The company’s shares have gained 184.73% over the past 6 months, with this year growth rate of 10.91%, compared to 16.50% for the industry. Revenue growth from the last financial year stood is estimated to be -18.54%.
3 analysts offering their estimates for the company have set an average revenue estimate of 32.07M for the current quarter. 1 have an estimated revenue figure of 33.38M for the next ending quarter. Year-ago sales stood 38.81M and 37.09M respectively for this quarter and the next, and analysts expect sales will shrink by -17.37% for the current quarter and -18.54% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 5.88% over the past 5 years.
BOXL Dividends
Boxlight Corporation is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Boxlight Corporation (NASDAQ:BOXL)’s Major holders
Insiders own 5.80% of the company shares, while shares held by institutions stand at 5.68% with a share float percentage of 6.03%. Investors are also buoyed by the number of investors in a company, with Boxlight Corporation having a total of 18.0 institutions that hold shares in the company.
