Boxlight Corporation (NASDAQ:BOXL)’s traded shares stood at 0.47 million during the last session, with the company’s beta value hitting 1.54. At the close of trading, the stock’s price was $0.57, to imply a decrease of -18.35% or -$0.13 in intraday trading. The BOXL share’s 52-week high remains $2.13, putting it -273.68% down since that peak but still an impressive 47.37% since price per share fell to its 52-week low of $0.30. The company has a valuation of $5.62M, with an average of 0.22 million shares in intraday trading volume over the past 10 days and average of 4.29 million shares over the past 3 months.
Boxlight Corporation (NASDAQ:BOXL) trade information
After registering a -18.35% downside in the last session, Boxlight Corporation (BOXL) has traded red over the past five days. The 5-day price performance for the stock is -30.49%, and -50.00% over 30 days. With these gigs, the year-to-date price performance is 49.37%. Short interest in Boxlight Corporation (NASDAQ:BOXL) saw shorts transact 52964.0 shares and set a 1.55 days time to cover.
The extremes give us $0.125 and $0.125 for target low and target high price respectively. As such, BOXL has been trading 78.07% off suggested target high and 78.07% from its likely low.
Boxlight Corporation (BOXL) estimates and forecasts
The rating firms project that company’s revenue will shrink -18.54% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 32.07M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 33.38M.Earnings reports from the last fiscal year show that sales brought in 38.81M and 37.09M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -17.37% before dropping -10.00% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 5.88% for the past 5-year period. While 2025 is set for a 63.16% return in earnings, projections for the next 5 years are at 61.72% annually.
BOXL Dividends
Boxlight Corporation has its next earnings report out in March. 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.
Boxlight Corporation (NASDAQ:BOXL)’s Major holders
Boxlight Corporation insiders hold 5.80% of total outstanding shares, with institutional holders owning 5.68% of the shares at 6.03% float percentage. In total, 5.68% institutions holds shares in the company.
We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Boxlight Corporation (BOXL) shares. Going by data provided on Sep 30, 2024 , Vanguard Extended Market Index Fund holds roughly 87.8 shares. This is just over 0.89% of the total shares, with a market valuation of $50046.0. Data from the same date shows that the other fund manager holds a little less at 31.75, or 0.32% of the shares, all valued at about 18098.0.
