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

Boxlight (NASDAQ:BOXL)‘s stock had its “buy” rating reaffirmed by equities research analysts at HC Wainwright in a report issued on Thursday,Benzinga reports. They presently have a $1.00 price objective on the stock. HC Wainwright’s price target points to a potential upside of 96.08% from the stock’s current price.

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

Boxlight Stock Down 7.3 %

BOXL stock opened at $0.51 on Thursday. The company’s 50 day moving average is $0.47 and its two-hundred day moving average is $0.56. Boxlight has a twelve month low of $0.42 and a twelve month high of $1.34. The company has a current ratio of 2.21, a quick ratio of 1.23 and a debt-to-equity ratio of 4.96. The stock has a market cap of $5.00 million, a P/E ratio of -0.11 and a beta of 1.32.

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.