In the last trading session, 1.34 million Boxlight Corporation (NASDAQ:BOXL) shares changed hands as the company’s beta touched 1.32. With the company’s per share price at $0.88 changed hands at $0.03 or 3.41% during last session, the market valuation stood at $8.64M. BOXL’s last price was a discount, traded about -142.05% off its 52-week high of $2.13. The share price had its 52-week low at $0.30, which suggests the last value was 65.91% up since then. When we look at Boxlight Corporation’s average trading volume, we note the 10-day average is 25.13 million shares, with the 3-month average coming to 4.03 million.
Boxlight Corporation (NASDAQ:BOXL) trade information
Instantly BOXL was in green as seen at the end of in last trading. With action 119.75%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 130.35%, with the 5-day performance at 119.75% in the green. However, in the 30-day time frame, Boxlight Corporation (NASDAQ:BOXL) is 109.79% up. Looking at the short shares, we see there were 52964.0 shares sold at short interest cover period of 1.55 days.
The consensus price target for the stock as assigned by Wall Street analysts is 0.12, meaning bulls need a downside of -633.33% from its current market value. According to analyst projections, BOXL’s forecast low is 0.125 with 0.125 as the target high. To hit the forecast high, the stock’s price needs a 85.8% surge from its current level, while the stock would need to tank 85.8% for it to hit the projected low.
Boxlight Corporation (BOXL) estimates and forecasts
Data shows that the Boxlight Corporation share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 46.26% over the past 6 months, a 10.91% in annual growth rate that is considerably lower than the industry average of 16.10%. Year-over-year growth is forecast to reach -18.54% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 32.07M. 1 analysts are of the opinion that Boxlight Corporation’s revenue for the current quarter will be 33.38M. The company’s revenue for the corresponding quarters a year ago was 38.81M and 37.09M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -17.37%. The estimates for the next quarter sales put growth at -10.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.88%. The 2025 estimates are for Boxlight Corporation earnings to increase by 63.16%.
BOXL Dividends
Boxlight Corporation is expected to release its next quarterly earnings report in February.
Boxlight Corporation (NASDAQ:BOXL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.80% of Boxlight Corporation shares while 5.68% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 6.03%.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . With 87.8 shares estimated at $77177.0 under it, the former controlled 0.89% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.32% of the shares, roughly 31.75 shares worth around $27910.0.
