Boxlight (BOXL) Sees Strong Trading Volume
Boxlight Corp (NASDAQ:BOXL) shares saw an uptick in trading volume on Wednesday . 748,184 shares were traded during trading, an increase of 205% from the previous session’s volume of 244,940 shares.The stock last traded at $4.96 and had previously closed at $4.15.
A number of research firms recently weighed in on BOXL. Zacks Investment Research downgraded Boxlight from a “buy” rating to a “hold” rating in a research report on Monday. Taglich Brothers set a $9.00 target price on Boxlight and gave the stock a “buy” rating in a research report on Saturday, June 2nd.
The firm has a market cap of $37.41 million and a price-to-earnings ratio of -3.66.
Boxlight Company Profile (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.
Further Reading: Diversification
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