Boxlight Co. (NASDAQ:BOXL – Get Free Report) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 44,100 shares, a drop of 18.5% from the July 15th total of 54,100 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 40,800 shares, the short-interest ratio is presently 1.1 days.
Analyst Ratings Changes
Separately, HC Wainwright reissued a “buy” rating and set a $2.00 target price on shares of Boxlight in a research note on Thursday, May 9th.
Read Our Latest Stock Analysis on Boxlight
Boxlight Price Performance
Boxlight (NASDAQ:BOXL – Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.18) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.19. Boxlight had a negative return on equity of 64.01% and a negative net margin of 25.10%. The company had revenue of $38.51 million for the quarter, compared to the consensus estimate of $44.51 million. During the same quarter last year, the business posted ($0.12) EPS. On average, equities research analysts predict that Boxlight will post -1.35 earnings per share for the current year.
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.
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