Boxlight (NASDAQ:BOXL) Earns Buy Rating from HC Wainwright

Boxlight (NASDAQ:BOXL)‘s stock had its “buy” rating reissued by stock analysts at HC Wainwright in a research report issued on Thursday,Benzinga reports. They presently have a $1.00 price target on the stock. HC Wainwright’s target price indicates a potential upside of 142.66% from the stock’s previous close.

Separately, Alliance Global Partners lowered shares of Boxlight from a “buy” rating to a “neutral” rating in a report on Thursday.

Boxlight Price Performance

NASDAQ:BOXL opened at $0.41 on Thursday. The firm has a market cap of $4.04 million, a price-to-earnings 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. The company’s 50-day moving average is $0.47 and its two-hundred day moving average is $0.56. 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.