Boxlight (NASDAQ:BOXL) Given Sell (E+) Rating at Weiss Ratings

Weiss Ratings reaffirmed their sell (e+) rating on shares of Boxlight (NASDAQ:BOXLFree Report) in a research note released on Tuesday morning,Weiss Ratings reports.

Boxlight Stock Performance

NASDAQ:BOXL opened at $2.01 on Tuesday. Boxlight has a 1 year low of $1.06 and a 1 year high of $10.65. The stock has a market cap of $5.35 million, a price-to-earnings ratio of -0.15 and a beta of 0.99. The business has a fifty day moving average of $2.07 and a 200-day moving average of $1.87.

Boxlight (NASDAQ:BOXLGet Free Report) last released its quarterly earnings results on Wednesday, August 13th. The company reported ($1.53) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.33) by ($0.20). The firm had revenue of $30.85 million during the quarter, compared to the consensus estimate of $27.29 million.

Hedge Funds Weigh In On Boxlight

A hedge fund recently bought a new stake in Boxlight stock. Kazazian Asset Management LLC purchased a new stake in Boxlight Corporation (NASDAQ:BOXLFree Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 224,500 shares of the company’s stock, valued at approximately $395,000. Kazazian Asset Management LLC owned 8.47% of Boxlight as of its most recent SEC filing. 6.49% of the stock is currently owned by hedge funds and other institutional investors.

About Boxlight

(Get Free Report)

Boxlight Corporation designs, produces, and distributes interactive technology solutions for the education, health, corporate, military, and government sectors in the Americas, Europe, the Middle East, Africa, and internationally. The company provides interactive and non-interactive flat panel displays and whiteboards, LED video walls, digital signages, classroom audio and campus communication, cameras and other peripherals, and media players; and accessory document cameras, teacher pads for remote control, assessment systems, and front-of-class display products under the Mimio and Clevertouch brands.

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