Short Interest in Boxlight Co. (NASDAQ:BOXL) Decreases By 6.5%

Boxlight Co. (NASDAQ:BOXL) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 54,600 shares, a decline of 6.5% from the September 30th total of 58,400 shares. Based on an average daily trading volume, of 33,300 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.6% of the company’s shares are short sold.

Boxlight Trading Down 2.0 %

BOXL stock opened at $0.44 on Friday. The company has a debt-to-equity ratio of 4.96, a quick ratio of 1.23 and a current ratio of 2.21. The firm’s 50-day moving average price is $0.46 and its two-hundred day moving average price is $0.56. Boxlight has a 12-month low of $0.42 and a 12-month high of $1.89.

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