Boxlight Co. (NASDAQ:BOXL) Short Interest Down 10.0% in December

Boxlight Co. (NASDAQ:BOXL) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 72,500 shares, a decline of 10.0% from the December 15th total of 80,600 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 3,930,000 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

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

Boxlight Stock Performance

Shares of NASDAQ BOXL traded up $0.01 during trading on Friday, reaching $0.91. 282,969 shares of the company traded hands, compared to its average volume of 12,527,543. The stock has a market capitalization of $8.95 million, a PE ratio of -0.29 and a beta of 1.35. 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 50 day simple moving average of $0.53 and a 200-day simple moving average of $0.51. Boxlight has a 52-week low of $0.30 and a 52-week high of $2.13.

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.