Boxlight (BOXL) Hits New 1-Year Low at $1.83

Shares of Boxlight Corp (NASDAQ:BOXL) reached a new 52-week low on Tuesday . The company traded as low as $1.83 and last traded at $1.91, with a volume of 17181 shares. The stock had previously closed at $2.04.

Separately, Zacks Investment Research lowered Boxlight from a “buy” rating to a “hold” rating in a report on Monday, August 13th.

The company has a debt-to-equity ratio of 0.06, a current ratio of 0.86 and a quick ratio of 0.61. The firm has a market capitalization of $29.66 million and a price-to-earnings ratio of -1.59.

Boxlight (NASDAQ:BOXL) last posted its earnings results on Thursday, August 16th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.01. The company had revenue of $9.66 million for the quarter, compared to analysts’ expectations of $7.06 million. On average, analysts forecast that Boxlight Corp will post -0.57 earnings per share for the current fiscal year.

About Boxlight (NASDAQ:BOXL)

Boxlight Corporation, a visual display technology company, sells educational products for the learning market in the United States and internationally. The company designs, produces, and distributes a range of interactive classroom technology products primarily targeted at the K-12 education market. Its products include interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems.

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