Boxlight (NASDAQ:BOXL) Earns Buy Rating from HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Boxlight (NASDAQ:BOXL) in a report published on Thursday,Benzinga reports. HC Wainwright currently has a $1.00 price target on the stock.

Separately, Alliance Global Partners downgraded shares of Boxlight from a “buy” rating to a “neutral” rating in a research report on Thursday.

Boxlight Trading Down 18.0 %

Shares of Boxlight stock opened at $0.41 on Thursday. The firm’s 50-day moving average price is $0.47 and its two-hundred day moving average price is $0.56. The company has a market capitalization of $4.04 million, a price-to-earnings ratio of -0.13 and a beta of 1.32. The company has a quick ratio of 1.23, a current ratio of 2.21 and a debt-to-equity ratio of 4.96. Boxlight has a 12-month low of $0.41 and a 12-month high of $1.16.

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.