BOXL Stock Summary and Trading Ideas (Boxlight - Class A | NASDAQ:BOXL)

Boxlight Corp is a technology company that develops, sells and services interactive solutions predominantly for the education market, but also for the corporates and government sectors. The company currently designs, produces and distributes interactive technologies including interactive and non-interactive flat panel displays, LED video walls, media players, classroom audio and campus communication, cameras and other peripherals for the education market and non-interactive solutions including flat panels, LED video walls and digital signage. The company also distributes science, technology, engineering and math (or STEM) products, including 3D printing and robotics solutions, and a portable science lab.

Boxlight - Class A trades on the NASDAQ stock market under the symbol BOXL.

As of April 15, 2024, BOXL stock price declined to $0.60 with 8,081 million shares trading.

BOXL has a beta of 0.57, meaning it tends to be less sensitive to market movements. BOXL has a correlation of 0.01 to the broad based SPY ETF.

BOXL has a market cap of $5.81 million. This is considered a Sub-Micro Cap stock.

Last quarter Boxlight - Class A reported $39 million in Revenue and -$.60 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.03.

In the last 3 years, BOXL stock traded as high as $24.24 and as low as $.59.

The top ETF exchange traded funds that BOXL belongs to (by Net Assets): VXF, VTI.

BOXL has underperformed the market in the last year with a price return of -80.1% while the SPY ETF gained +23.9%. BOXL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -41.4% and -14.6%, respectively, while the SPY returned +6.2% and -3.4%, respectively.

BOXL support price is $.58 and resistance is $.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BOXL stock will trade within this expected range on the day.