Boxlight Co. (NASDAQ:BOXL – Get Rating) Director Dale Strang sold 10,610 shares of the firm’s stock in a transaction on Friday, May 20th. The shares were sold at an average price of $0.99, for a total value of $10,503.90. Following the transaction, the director now owns 65,593 shares of the company’s stock, valued at $64,937.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Boxlight stock opened at $0.96 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.02 and a quick ratio of 1.04. Boxlight Co. has a one year low of $0.80 and a one year high of $2.97. The stock has a market capitalization of $63.22 million, a PE ratio of -4.58 and a beta of 3.31. The business’s fifty day moving average is $1.10 and its 200 day moving average is $1.27.
Boxlight (NASDAQ:BOXL – Get Rating) last announced its earnings results on Thursday, March 17th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.02). The firm had revenue of $44.00 million during the quarter, compared to analysts’ expectations of $39.49 million. Boxlight had a negative return on equity of 26.77% and a negative net margin of 6.84%. During the same period in the previous year, the business posted $0.01 earnings per share. As a group, sell-side analysts expect that Boxlight Co. will post -0.07 EPS for the current fiscal year.
Several equities analysts have recently weighed in on the company. Zacks Investment Research downgraded Boxlight from a “hold” rating to a “sell” rating in a report on Friday. HC Wainwright reduced their price target on Boxlight from $4.00 to $3.00 and set a “buy” rating for the company in a report on Tuesday, May 17th.
About Boxlight (Get Rating)
Boxlight Corporation, an education technology company, develops, sells, and services interactive classroom solutions for the education market worldwide. The company provides a range of interactive classroom technology products primarily targeted at the K-12 education market. Its products include interactive projectors, interactive flat panel displays, interactive touch projectors, noninteractive projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems.
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