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

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

Analysts Set New Price Targets

Several analysts recently weighed in on BOXL shares. HC Wainwright reiterated a “buy” rating and issued a $1.00 price objective on shares of Boxlight in a research report on Thursday, November 14th. Alliance Global Partners cut Boxlight from a “buy” rating to a “neutral” rating in a report on Thursday, November 14th.

Boxlight Price Performance

Boxlight stock traded up $0.01 during trading hours on Friday, hitting $0.91. 282,969 shares of the company traded hands, compared to its average volume of 12,527,543. The firm’s 50-day simple moving average is $0.53 and its two-hundred day simple moving average is $0.51. The firm has a market cap of $8.95 million, a P/E ratio of -0.29 and a beta of 1.35. Boxlight has a 1-year low of $0.30 and a 1-year high of $2.13. The company has a quick ratio of 1.08, a current ratio of 2.10 and a debt-to-equity ratio of 5.67.

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.