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

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

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

Boxlight Price Performance

Boxlight stock traded down $0.09 during midday trading on Thursday, reaching $0.41. The company had a trading volume of 177,378 shares, compared to its average volume of 56,567. The company has a debt-to-equity ratio of 4.96, a current ratio of 2.21 and a quick ratio of 1.23. Boxlight has a 12-month low of $0.41 and a 12-month high of $1.16. The company has a market capitalization of $4.04 million, a P/E ratio of -0.13 and a beta of 1.32. The firm’s fifty day simple moving average is $0.47 and its 200-day simple moving average is $0.56.

About Boxlight

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.