Boxlight Co. (NASDAQ:BOXL – Get Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 83,500 shares, an increase of 29.7% from the March 31st total of 64,400 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average trading volume of 51,100 shares, the days-to-cover ratio is presently 1.6 days.
Wall Street Analyst Weigh In
BOXL has been the topic of several recent analyst reports. HC Wainwright cut their price objective on shares of Boxlight from $3.00 to $2.00 and set a “buy” rating on the stock in a report on Friday, March 15th. Alliance Global Partners lowered their price objective on Boxlight from $4.50 to $2.50 and set a “buy” rating on the stock in a research report on Thursday, March 14th.
Get Our Latest Stock Report on BOXL
Boxlight Trading Down 0.4 %
Boxlight (NASDAQ:BOXL – Get Free Report) last posted its quarterly earnings results on Wednesday, March 13th. The company reported ($0.63) EPS for the quarter, topping the consensus estimate of ($0.66) by $0.03. The business had revenue of $38.81 million for the quarter, compared to analyst estimates of $36.48 million. Boxlight had a negative return on equity of 37.72% and a negative net margin of 22.16%. During the same quarter in the previous year, the firm earned ($0.24) EPS. As a group, equities research analysts expect that Boxlight will post -1.64 EPS for the current year.
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.
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