Boxlight Co. (NASDAQ:BOXL) Short Interest Update

Boxlight Co. (NASDAQ:BOXL) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 42,800 shares, a decrease of 31.8% from the August 31st total of 62,800 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 35,400 shares, the short-interest ratio is presently 1.2 days.

Boxlight Price Performance

Shares of Boxlight stock remained flat at $0.46 during trading on Friday. 106,314 shares of the stock were exchanged, compared to its average volume of 53,730. The stock’s 50-day moving average is $0.49 and its two-hundred day moving average is $0.60. The firm has a market cap of $4.54 million, a price-to-earnings ratio of -0.10 and a beta of 1.28. The company has a current ratio of 2.21, a quick ratio of 1.23 and a debt-to-equity ratio of 4.96. Boxlight has a one year low of $0.42 and a one year high of $2.01.

Boxlight (NASDAQ:BOXL) last announced its earnings results on Wednesday, August 7th. The company reported ($0.18) EPS for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.19. Boxlight had a negative return on equity of 111.63% and a negative net margin of 26.81%. The company had revenue of $38.51 million during the quarter, compared to the consensus estimate of $44.51 million. During the same quarter in the prior year, the company earned ($0.12) earnings per share. Equities analysts forecast that Boxlight will post -1.26 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.