Boxlight Co. (NASDAQ:BOXL) Short Interest Update

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

Boxlight Price Performance

Shares of NASDAQ:BOXL opened at $0.47 on Thursday. The stock has a market cap of $4.60 million, a PE ratio of -0.10 and a beta of 1.30. The company’s fifty day moving average is $0.46 and its 200 day moving average is $0.56. Boxlight has a 52 week low of $0.42 and a 52 week high of $1.89. The company has a quick ratio of 1.23, a current ratio of 2.21 and a debt-to-equity ratio of 4.96.

Boxlight (NASDAQ:BOXL) last issued its earnings results on Wednesday, August 7th. The company reported ($0.18) EPS for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.19. The company had revenue of $38.51 million for 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 quarter last year, the company earned ($0.12) EPS. Research analysts anticipate that Boxlight will post -1.26 earnings per share for the current year.

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.