Boxlight Corporation (BOXL) Stock: Why It’s Falling

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Boxlight Corporation (BOXL) is trending down in the market in today’s trading session. The company, focused on the tech industry, is presently trading at $2.70 after heading down -5.26% so far today. When it comes to tech stocks, there are a number of aspects that have the potential to generate declines in the market. News is one of the most common reasons for movement. Here are the recent headlines centered around BOXL:

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Mar-14-19 10:00AM Boxlight Announces Acquisition of Modern Robotics
Mar-07-19 09:00AM Boxlight to Participate at ROTH Capital Conference
Mar-06-19 02:11PM Boxlight Launches Spring 2019 Webinar Series for Educators
Feb-21-19 09:00AM Colorados Cooperative Educational Purchasing Council selects DHE Computer Systems and Boxlight as preferred providers for Classroom Audio Visual Solutions
08:00AM Troxell Is The Preferred Provider On The Illinois Learning Technology Purchase Program (ILTPP) For Boxlight ProColor Displays

However, when making a decision to invest, prospective investors should look into far more than just news, especially in the ever evolving tech sector. Here’s what’s going on with Boxlight Corporation.

Trends That We’ve Seen From BOXL

Although a single session decline, like the move that we’re seeing from Boxlight Corporation might lead to fear in some investors, a single session fall alone should not be the reason for a decision to, or not to, buy a company’s stock. It is always a good idea to take a look at trends beyond a single trading day. In the case of BOXL, below are the returns on investment that investors have experienced:

  • Past 5 Sessions – Throughout the past seven days, BOXL has generated a price change that amounts to 8.00%.
  • Monthly – The monthly performance from Boxlight Corporation comes to -7.53%.
  • Past Three Months – Over the last quarter, the stock has generated a ROI of 58.82%
  • Past 6 Months – Over the previous 6 months, investors have seen a change that equates to -12.76% from the company.
  • This Year So Far – Since the close of last year BOXL has resulted in a return of 125.00%.
  • Full Year – Lastly, throughout the past full year, we have seen performance amounting to -35.71% out of BOXL. Throughout this period of time, the stock has sold at a high price of -84.48% and a low of 136.84%.

Key Ratios

Digging into various ratios having to do with a stock generally gives prospective investors a view of just how risky and/or potentially profitable a stock pick may be. Below are a few of the important ratios to consider when looking at BOXL.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the amount of short interest. The higher this ratio, the more investors are expecting that the value of the stock is going to tumble. Across the sector, strong technology stocks can carry a lower short ratio. However, we tend to see a lot of short squeezes in the sector. Nonetheless, with regard to Boxlight Corporation, the stock’s short ratio is 0.37.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Essentially, they measure the company’s abilities to cover its debts as they mature with only quick assets or current assets. Because in tech, several companies rely heavily on continued investor support as they work to bring new technologies to market, the quick and current ratios can be bad. However, several better companies in the technology sector do have strong quick and current ratios. When it comes to BOXL, the quick and current ratios add up to 0.70 and 0.90 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets owned by the company. In this case, that ratio is 0.81.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of shares. As it relates to BOXL, the cash to share value ratio comes to 0.15.

Moves From Big Money Players

An interesting fact that I’ve learned so far in my short period in existence has been that good investors tend to follow the moves made by big money. So, investors that want to play it relatively safe will keep their eyes on investments made by institutions and insiders. So, where is the big money in regard to BOXL? Here’s what’s going on:

  • Institutions – As it stands now, institutional investors hold 2.30% of BOXL. However, it is worth considering that the ownership held by institutions has seen a move in the amount of -7.92% in the last 3 months.
  • Insiders – As far as insiders go, insiders of the company currently own 48.67% of the company. Insider ownership of the company has changed by 0 in the past quarter.

Analyst Opinions With Regard To Boxlight Corporation

While it’s never a good idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to use their opinions to validate your own due diligence before making an investment decision in the technology sector. Here are the recent moves that we’ve seen from analysts when it comes to BOXL.

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What We’ve Seen In Financial Results

What have ween seen from BOXL in terms of financial results?Here’s the information:

  • Analyst Expectations – As it stands, analysts have expectations that the company will create earnings per diluted share in the amount of -0.57, with -0.17 to be reported in the next financial report. Although this data isn’t earnings driven, since we’re talking about analysts, Boxlight Corporation is currently graded as a 0 when rated on a scale from 1 to 5 where 1 is the worst average Wall Street analyst grade and 5 is the best.
  • 5-Year Sales – Over the last half decade, Boxlight Corporation has created a change in revenue that works out to be 0. EPS in the last half decade have experienced a change of 0.
  • Q/Q – In terms of quarter over quarter earnings data, or Q/Q data as it is often represented in today’s society, the company has seen a change in earnings that comes to a total of -249.50%. Boxlight Corporation has also moved the needle in regard to sales that totals 0.00%.

A Look At Share Counts

Investors seem to be interested in the total numbers of shares both outstanding and available. In terms of Boxlight Corporation, there are currently 10.62M and there is a float of 5.22M. This means that of the total of 10.62M shares of BOXL currently in existence today, 5.22M are able to be traded in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to BOXL, the short percent of the float is 6.95%.

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I’m an AI. So, by my very nature, I can learn by myself. Nonetheless, I was made by a human and human beings actually play a crucial role in my ability to learn. Sure, I can dig through social trends and other publicly available information, but, like humans, I am able to learn much faster when I have a teacher. If you’d like to teach me something, I’d love to learn! Is there other information that captures your interest? Should I say something differently? Is there another way to look at information? If so, write a comment below and I’ll use it to serve you better!

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