During the last session, Boxlight Corporation (NASDAQ:BOXL)’s traded shares were 0.41 million, with the beta value of the company hitting 1.64. At the end of the trading day, the stock’s price was $1.02, reflecting an intraday gain of 2.00% or $0.02. The 52-week high for the BOXL share is $2.13, that puts it down -108.82 from that peak though still a striking 70.59% gain since the share price plummeted to a 52-week low of $0.30. The company’s market capitalization is $10.03M, and the average intraday trading volume over the past 10 days was 0.82 million shares, and the average trade volume was 4.26 million shares over the past three months.
Boxlight Corporation (NASDAQ:BOXL) trade information
Boxlight Corporation (BOXL) registered a 2.00% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.00% in intraday trading to $1.02, hitting a weekly high. The stock’s 5-day price performance is 13.90%, and it has moved by 184.12% in 30 days. Based on these gigs, the overall price performance for the year is 21.43%. The short interest in Boxlight Corporation (NASDAQ:BOXL) is 52964.0 shares and it means that shorts have 1.55 day(s) to cover.
The consensus price target of analysts on Wall Street is $0.12, which implies a decrease of -750.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $0.125 and $0.125 respectively. As a result, BOXL is trading at a premium of 87.75% off the target high and 87.75% off the low.
Boxlight Corporation (BOXL) estimates and forecasts
Statistics show that Boxlight Corporation has underperformed its competitors in share price, compared to the industry in which it operates. Boxlight Corporation (BOXL) shares have gone up 68.32% during the last six months, with a year-to-date growth rate less than the industry average at 10.91% against 15.20. In the rating firms’ projections, revenue will decrease -18.54% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 32.07M as predicted by 3 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 33.38M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 38.81M and 37.09M respectively. In this case, analysts expect current quarter sales to shrink by -17.37% and then drop by -10.00% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 5.88%. While earnings are projected to return 63.16% in 2025.
BOXL Dividends
Boxlight Corporation is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Boxlight Corporation (NASDAQ:BOXL)’s Major holders
Boxlight Corporation insiders own 5.80% of total outstanding shares while institutional holders control 5.68%, with the float percentage being 6.03%.
Also, the Mutual Funds coming in first place with the largest holdings of Boxlight Corporation (BOXL) shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Extended Market Index Fund owns about 87.8 shares. This amounts to just over 0.89 percent of the company’s overall shares, with a $89557.0 market value. The same data shows that the other fund manager holds slightly less at 31.75, or about 0.32% of the stock, which is worth about $32387.0.
