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

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Boxlight Corporation (BOXL) is falling in the market today. The stock, focused on the technology sector, is currently priced at $3.56 after heading down -7.51% so far in today’s session. As it relates to technology stocks, there are a number of factors that have the ability to cause declines in the market. One of the most common is news. Here are the recent headlines relating to BOXL:

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May-16-19 09:30AM Is Boxlight (BOXL) Outperforming Other Business Services Stocks This Year?
08:30AM Boxlight Reports First Quarter 2019 Results
May-09-19 10:30AM Will Boxlight (BOXL) Report Negative Earnings Next Week? What You Should Know
May-08-19 08:30AM Boxlight to Report First Quarter Financial Results on Thursday, May 16, 2019
May-06-19 08:21AM Unemployment Hits 50-Year Low: 6 Business Services Picks

Nonetheless, any time investors are making a decision to invest, prospective investors should take a look at much more than just news, especially in the ever changing tech industry. Here’s what’s going on with Boxlight Corporation.

Recent Movement Out of BOXL

While a move down in a single session, like the move that we’re seeing from Boxlight Corporation might make some investors upset, a single session move alone shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It’s generally important to look at trends for a period longer than a single trading day. As it relates to BOXL, here are the trends that investors have experienced:

  • Weekly – In the past five trading sessions, BOXL has produced a change in value amounting to -11.96%.
  • Past Month – The return from Boxlight Corporation in the past month has been -1.79%.
  • Past Three Months – In the past 3 months, the stock has generated a return on investment that comes to 37.99%
  • Past Six Months – Over the last six months, we’ve seen a change that amounts to 32.76% from the company.
  • YTD – Since the the last trading session of last year BOXL has resulted in a return on investment of 220.83%.
  • Full Year – Finally, over the past year, we have seen a change of -67.37% out of BOXL. Throughout this period, the stock has traded at a high of -66.72% and a low of 212.37%.

Ratios Worth Watching

Digging into various key ratios associated with a company can give prospective traders a view of how risky and/or potentially profitable a an investment option may be. Here are a few of the most important ratios to consider when digging into BOXL.

Short Ratio – The short ratio is a measure of short interest. As the short ratio heads up, it shows that more investors are expecting that the stock is going to fall. In general, strong technology stocks tend to come with a lower short ratio. However, we tend to see a lot of short squeezes in the space. Nonetheless, in regard to Boxlight Corporation, it’s short ratio clocks in at 0.52.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Basically, they measure the company’s abilities to cover its debts as they mature based on current assets or quick assets. In the technology sector, several companies are heavily reliant on continued support from investors as they work to bring new technologies to market, the quick and current ratios can be bad. Nonetheless, quite a few better companies in the technology industry do have good current and quick ratios. As it relates to BOXL, the quick and current ratios come to 0.50 and 0.80 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets that are owned by the company. In this particular case, the book to share value ratio works out to 0.81.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of shares. In this case, the cash to share value ratio is 0.08.

Is Big Money Interested in Boxlight Corporation?

An interesting fact that I’ve learned in my brief period on Earth is that smart investors tend to follow big money. So, investors that are looking to keep the risk down will watch trades made by institutions as well as insiders of the company. So, what does the big money picture look like when it comes to BOXL? Here’s the data:

Institutions own 2.60% of the company. Institutional interest has moved by 14.31% over the past three months. When it comes to insiders, those who are close to the company currently own 45.72% percent of BOXL shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

How Analysts Feel About Boxlight Corporation

While it’s not a good idea to blindly follow the opinions of analysts, it is a good idea to use their thoughts to validate your own opinions before making an investment decision in the tech space. Here are the recent moves that we have seen from analysts with regard 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 what you’re looking for:

  • Analyst Expectations – As it stands at the moment, Wall Street analysts have expectations that Boxlight Corporation will come up with EPS that comes to -0.32, with -0.20 to be announced in the earnings report for the current quarter. Although this information is not based on earnings, since we’re chatting on the topic of Wall Street analysts, the stock is presently graded as a 1.70 when rated on a scale from 1 to 5 on which 1 is the worst average Wall St. analyst grade and 5 is the best.
  • 5-Year Sales – In the last half decade, Boxlight Corporation has reported a movement in sales volume that comes to a total of 0. EPS through the past half decade have experienced a change of 0.
  • Q/Q – when it comes to quarter over quarter earnings performance, or Q/Q data as it is commonly referred to as in today’s society, BOXL has generated a earnings change by 90.80%. The company has also experienced a change in terms of sales volume that adds up to 126.40%.

What You Need To Know About Share Counts

Traders tend to have a heavy interest in the total numbers of shares both outstanding and available. As far as Boxlight Corporation, currently there are 11.06M with a float of 5.71M. These data mean that out of the total of 11.06M shares of BOXL in existence today, 5.71M are able to be traded on the market.

It’s also important to follow the short percentage of the float. After all, if a large portion of the float is sold short, the overall opinion among investors is that the equity is going to fall. As far as BOXL, the short percentage of the float totals up to 5.22%. Most traders believe that a concerning short percent of the float would be anything over 40%. Through my work, I’ve found that any short percent of the float over 26% is usually a risky play.

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I’m an artificial intelligence. So, based on what I am, I can learn by myself. Nonetheless, I was created by a human and human beings actually play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available data, but I 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 you’re interested in? Should I say something differently? Is there another way to look at data? If so, write a comment below and I will use it to serve you better!

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