In the last trading session, 0.28 million shares of the Boxlight Corporation (NASDAQ:BOXL) were traded, and its beta was 1.34. Most recently the company’s share price was $0.91, and it changed around $0.01 or 1.62% from the last close, which brings the market valuation of the company to $8.95M. BOXL currently trades at a discount to its 52-week high of $2.13, offering almost -134.07% off that amount. The share price’s 52-week low was $0.30, which indicates that the current value has risen by an impressive 67.03% since then. We note from Boxlight Corporation’s average daily trading volume that its 10-day average is 25.32 million shares, with the 3-month average coming to 4.15 million.
Boxlight Corporation stock received a consensus recommendation rating of Overweight, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended BOXL as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Boxlight Corporation is expected to report earnings per share of -0.55 for the current quarter.
Boxlight Corporation (NASDAQ:BOXL) trade information
Instantly BOXL has showed a green trend with a performance of 1.62% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.9500 on recent trading dayincreased the stock’s daily price by 4.21%. The company’s shares are currently up 138.47% year-to-date, but still up 3.53% over the last five days. On the other hand, Boxlight Corporation (NASDAQ:BOXL) is 122.01% up in the 30-day period. We can see from the shorts that 52964.0 shares have been sold at a short interest cover period of 1.55 day(s).
The consensus price target as assigned by Wall Street analysts is $0.12, which translates to bulls needing to decrease their stock price by -658.33% from its current value. Analyst projections state that BOXL is forecast to be at a low of $0.125 and a high of $0.125.
Boxlight Corporation (BOXL) estimates and forecasts
Boxlight Corporation share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 50.69 percent over the past six months and at a 10.91% annual growth rate that is well below the industry average of 15.40%. The year-over-year growth rate is expected to be -18.54%, down from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 32.07M in revenue for the current quarter. 1 analysts expect Boxlight Corporation to make 33.38M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 38.81M and 37.09M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -17.37%. Forecasts for the next quarter put sales growth at -10.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.88%.
BOXL Dividends
Boxlight Corporation’s next quarterly earnings report is expected to be released in February.
Boxlight Corporation (NASDAQ:BOXL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.80% of Boxlight Corporation shares, and 5.68% of them are in the hands of institutional investors. The stock currently has a share float of 6.03%.
Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 87.8 shares worth $79898.0, making up 0.89% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 31.75 shares worth around $28894.0, which represents about 0.32% of the total shares outstanding.
