HC Wainwright Reaffirms “Buy” Rating for Boxlight (NASDAQ:BOXL)

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

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

Boxlight Trading Down 18.0 %

Shares of NASDAQ:BOXL opened at $0.41 on Thursday. The company has a market capitalization of $4.04 million, a PE ratio of -0.13 and a beta of 1.32. 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 12-month low of $0.41 and a 12-month high of $1.16. The business’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.