Shares of Box Inc. (NYSE:BOX) traded up 2% during trading on Friday . The company traded as high as $10.75 and last traded at $10.73, with a volume of 467,701 shares traded. The stock had previously closed at $10.52.

A number of analysts have commented on the company. Pacific Crest restated a “buy” rating on shares of Box in a research report on Sunday, May 22nd. Vetr cut Box from a “strong-buy” rating to a “buy” rating and set a $11.67 price target for the company. in a research report on Tuesday, July 12th. JPMorgan Chase & Co. cut Box from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $18.00 to $14.00 in a research report on Thursday, June 2nd. JMP Securities restated a “buy” rating on shares of Box in a research report on Thursday, June 2nd. Finally, Morgan Stanley restated a “hold” rating and issued a $12.00 price target on shares of Box in a research report on Thursday, June 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $16.70.

The stock’s market capitalization is $1.34 billion. The firm’s 50-day moving average is $11.09 and its 200-day moving average is $11.61.

Box (NYSE:BOX) last issued its quarterly earnings results on Wednesday, June 1st. The company reported ($0.18) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.24) by $0.06. The firm had revenue of $90.20 million for the quarter, compared to analyst estimates of $88.65 million. The business’s revenue was up 37.5% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.28) EPS. On average, equities analysts expect that Box Inc. will post ($0.76) earnings per share for the current fiscal year.

An institutional investor recently raised its position in Box stock. UBS Oconnor LLC boosted its position in Box Inc. (NYSE:BOX) by 45.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,350,070 shares of the company’s stock after buying an additional 418,900 shares during the period. UBS Oconnor LLC owned about 1.11% of Box worth $18,847,000 at the end of the most recent quarter.

Box, Inc provides a cloud-based, mobile-optimized Enterprise Content Collaboration platform. The Company’s platform enables organizations to manage their content. Its platform enables users to collaborate on content both internally and externally, build workflows and deploy compliance and security features.

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