BOXABL Inc. (NASDAQ:BXBL – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday. The company traded as low as $3.05 and last traded at $3.10, with a volume of 87970 shares. The stock had previously closed at $3.27.
Analysts Set New Price Targets
BXBL has been the subject of a number of analyst reports. Weiss Ratings upgraded BOXABL from a “sell (e-)” rating to a “sell (e+)” rating in a report on Friday, September 4th. Wall Street Zen upgraded BOXABL from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.
Check Out Our Latest Analysis on BXBL
BOXABL Price Performance
BOXABL (NASDAQ:BXBL – Get Free Report) last posted its quarterly earnings data on Friday, August 21st. The modular housing company reported ($1.38) earnings per share for the quarter.
Institutional Investors Weigh In On BOXABL
An institutional investor recently raised its position in BOXABL stock. Highbridge Capital Management LLC lifted its holdings in shares of BOXABL Inc. (NASDAQ:BXBL – Free Report) by 119.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 559,889 shares of the modular housing company’s stock after acquiring an additional 305,282 shares during the period. Highbridge Capital Management LLC owned approximately 21.53% of BOXABL worth $5,621,000 at the end of the most recent quarter.
BOXABL Company Profile
BOXABL, Inc develops and manufactures factory-built modular housing designed to provide faster and potentially more efficient alternatives to conventional site-built construction. Its homes are produced in a controlled manufacturing environment, then transported to a property and assembled for residential use.
The company is best known for its Casita modular home, a compact dwelling designed for use as a standalone residence, accessory dwelling unit or other small-footprint housing solution.
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