Boxlight Co. (NASDAQ:BOXL – Get Rating) Director Dale Strang sold 30,000 shares of Boxlight stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $0.45, for a total value of $13,500.00. Following the completion of the transaction, the director now owns 35,593 shares of the company’s stock, valued at approximately $16,016.85. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Boxlight Trading Up 1.9 %
Shares of BOXL traded up $0.01 during mid-day trading on Thursday, reaching $0.42. 147,063 shares of the company’s stock traded hands, compared to its average volume of 245,851. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.90 and a quick ratio of 1.19. The stock’s 50-day moving average is $0.53 and its two-hundred day moving average is $0.66. Boxlight Co. has a 12 month low of $0.41 and a 12 month high of $1.74. The stock has a market cap of $31.12 million, a P/E ratio of -2.80 and a beta of 2.55.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on BOXL shares. Maxim Group restated a “buy” rating and issued a $3.00 price target on shares of Boxlight in a research report on Friday, August 12th. Alliance Global Partners dropped their price target on shares of Boxlight to $2.50 in a research note on Tuesday, November 15th.
Hedge Funds Weigh In On Boxlight
Boxlight Corporation develops, sells, and services interactive classroom technology products and solutions for the K-12 education market worldwide. The company provides interactive and non-interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems under the Mimio and Clevertouch brands.
- Get a free copy of the StockNews.com research report on Boxlight (BOXL)
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