Boxlight Corporation (NASDAQ: BOXL) is 122.75% higher on its value in year-to-date trading and has touched a low of $0.30 and a high of $2.13 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BOXL stock was last observed hovering at around $1.14 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $0.85, the stock is 64.69% and 76.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.23 million and changing -25.44% at the moment leaves the stock 55.00% off its SMA200. BOXL registered -19.81% loss for a year compared to 6-month loss of 39.32%. The firm has a 50-day simple moving average (SMA 50) of $0.47272 and a 200-day simple moving average (SMA200) of $0.54774.
The stock witnessed a 111.76% gain in the last 1 month and extending the period to 3 months gives it a 90.58%, and is 122.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 90.72% over the week and 30.13% over the month.
Boxlight Corporation (BOXL) has around 228 employees, a market worth around $8.36M and $150.71M in sales. Profit margin for the company is -20.28%. Distance from 52-week low is 180.44% and -60.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.59%).
The EPS is expected to grow by 63.16% this year
18.0 institutions hold shares in Boxlight Corporation (BOXL), with institutional investors hold 6.03% of the company’s shares. The shares outstanding are 9.84M, and float is at 9.21M with Short Float at 0.88%. Institutions hold 5.68% of the Float.
Boxlight Corporation (BOXL) Insider Activity
The most recent transaction is an insider sale by Marklew Shaun, the company’s Chief Technology Officer. SEC filings show that Marklew Shaun sold 735 shares of the company’s common stock on Oct 01 ’24 at a price of $0.46 per share for a total of $338.0. Following the sale, the insider now owns 27667.0 shares.
Boxlight Corporation disclosed in a document filed with the SEC on Aug 28 ’24 that Marklew Shaun (Chief Technology Officer) sold a total of 885 shares of the company’s common stock. The trade occurred on Aug 28 ’24 and was made at $0.46 per share for $407.0. Following the transaction, the insider now directly holds 28402.0 shares of the BOXL stock.
Still, SEC filings show that on Aug 28 ’24, Wiggins Greg (Chief Financial Officer) disposed off 162 shares at an average price of $0.46 for $75.0. The insider now directly holds 7,975 shares of Boxlight Corporation (BOXL).
