Alliance Global Partners Downgrades Boxlight (NASDAQ:BOXL) to Neutral

Alliance Global Partners lowered shares of Boxlight (NASDAQ:BOXL) from a buy rating to a neutral rating in a report released on Thursday morning, Marketbeat reports.

Boxlight Trading Down 18.0 %

Shares of BOXL stock opened at $0.41 on Thursday. The company has a market capitalization of $4.04 million, a P/E ratio of -0.13 and a beta of 1.32. Boxlight has a 12-month low of $0.41 and a 12-month high of $1.16. The company has a quick ratio of 1.23, a current ratio of 2.21 and a debt-to-equity ratio of 4.96. The firm has a 50-day moving average price of $0.47 and a 200 day moving average price of $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.