Kazazian Asset Management LLC Acquires New Position in Boxlight Corporation $BOXL

Kazazian Asset Management LLC purchased a new stake in shares of Boxlight Corporation (NASDAQ:BOXL) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 224,500 shares of the company’s stock, valued at approximately $395,000. Kazazian Asset Management LLC owned about 8.47% of Boxlight at the end of the most recent reporting period.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Wall Street Zen upgraded shares of Boxlight to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings restated a “sell (e+)” rating on shares of Boxlight in a report on Tuesday, October 14th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Boxlight has a consensus rating of “Reduce”.

Boxlight Trading Up 3.8%

Boxlight stock opened at $1.09 on Monday. Boxlight Corporation has a 12 month low of $0.95 and a 12 month high of $10.65. The company has a market capitalization of $2.90 million, a price-to-earnings ratio of -0.08 and a beta of 0.93. The business’s fifty day simple moving average is $1.87 and its two-hundred day simple moving average is $1.88.

Boxlight (NASDAQ:BOXL) last posted its quarterly earnings results on Friday, November 14th. The company reported ($1.88) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.21) by ($0.67). The firm had revenue of $29.34 million during the quarter, compared to analysts’ expectations of $24.00 million.

Boxlight Company Profile

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.