Boxlight (NASDAQ:BOXL) Rating Lowered to “Neutral” at Alliance Global Partners

Alliance Global Partners lowered shares of Boxlight (NASDAQ:BOXL) from a buy rating to a neutral rating in a research report sent to investors on Thursday, Marketbeat reports.

Boxlight Price Performance

Shares of NASDAQ BOXL traded down $0.09 during mid-day trading on Thursday, reaching $0.41. The company had a trading volume of 177,378 shares, compared to its average volume of 56,567. The company has a 50-day moving average price of $0.47 and a two-hundred day moving average price of $0.56. The stock has a market cap of $4.04 million, a PE ratio of -0.13 and a beta of 1.32. The company has a current ratio of 2.21, a quick ratio of 1.23 and a debt-to-equity ratio of 4.96. Boxlight has a 1-year low of $0.41 and a 1-year high of $1.16.

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.