Boxlight Corporation (NASDAQ:BOXL – Get Free Report) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 34,772 shares, a decline of 56.0% from the September 15th total of 79,080 shares. Approximately 4.9% of the company’s shares are short sold. Based on an average daily volume of 42,752 shares, the short-interest ratio is presently 0.8 days.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Boxlight in a research report on Friday, October 2nd. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Boxlight currently has an average rating of “Sell”.
Get Our Latest Stock Report on BOXL
Boxlight Stock Down 13.3%
Boxlight (NASDAQ:BOXL – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of ($20.16) by $20.50. The firm had revenue of $25.92 million for the quarter, compared to the consensus estimate of $30.85 million.
Boxlight Company Profile
Boxlight Corporation (NASDAQ: BOXL) is an educational technology company that provides hardware, software and services designed to support interactive learning and collaboration. Its solutions are used in classrooms, training environments and other presentation settings by schools, businesses and government organizations.
The company’s product portfolio includes interactive flat-panel displays, interactive projectors, classroom audio systems, cameras, document cameras, presentation equipment and related accessories.
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