Boxlight Co. (NASDAQ:BOXL) Short Interest Update

Boxlight Co. (NASDAQ:BOXL) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 80,600 shares, a decline of 13.1% from the November 30th total of 92,800 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 72,100 shares, the short-interest ratio is presently 1.1 days.

Boxlight Stock Performance

Shares of BOXL traded up $0.04 during trading hours on Friday, hitting $0.41. The company had a trading volume of 163,240 shares, compared to its average volume of 59,352. The business has a fifty day moving average of $0.44 and a 200-day moving average of $0.50. The company has a quick ratio of 1.08, a current ratio of 2.10 and a debt-to-equity ratio of 5.67. The firm has a market cap of $4.01 million, a price-to-earnings ratio of -0.13 and a beta of 1.32. Boxlight has a 12 month low of $0.30 and a 12 month high of $1.12.

Analyst Ratings Changes

Several equities research analysts recently issued reports on BOXL shares. Alliance Global Partners downgraded shares of Boxlight from a “buy” rating to a “neutral” rating in a research note on Thursday, November 14th. HC Wainwright reiterated a “buy” rating and set a $1.00 target price on shares of Boxlight in a research note on Thursday, November 14th.

About Boxlight

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.