Boxlight (NASDAQ:BOXL) Stock Rating Lowered by Alliance Global Partners

Boxlight (NASDAQ:BOXL) was downgraded by equities researchers at Alliance Global Partners from a “buy” rating to a “neutral” rating in a research note issued to investors on Thursday, MarketBeat reports.

Boxlight Stock Performance

Shares of BOXL opened at $0.41 on Thursday. The stock has a market capitalization of $4.04 million, a PE ratio of -0.13 and a beta of 1.32. The business’s fifty day moving average price is $0.47 and its 200 day moving average price is $0.56. The company has a debt-to-equity ratio of 4.96, a current ratio of 2.21 and a quick ratio of 1.23. Boxlight has a 12-month low of $0.41 and a 12-month 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.