Boxlight (NASDAQ:BOXL) Cut to Neutral at Alliance Global Partners

Alliance Global Partners downgraded shares of Boxlight (NASDAQ:BOXL) from a buy rating to a neutral rating in a report released on Thursday, Marketbeat reports.

Boxlight Stock Performance

NASDAQ BOXL opened at $0.41 on Thursday. The company’s fifty day moving average is $0.47 and its two-hundred day moving average is $0.56. Boxlight has a 52-week low of $0.41 and a 52-week high of $1.16. The company has a debt-to-equity ratio of 4.96, a current ratio of 2.21 and a quick ratio of 1.23. The firm has a market capitalization of $4.04 million, a price-to-earnings ratio of -0.13 and a beta of 1.32.

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.