Boxlight (NASDAQ:BOXL) Given Buy Rating at HC Wainwright

Boxlight (NASDAQ:BOXL)‘s stock had its “buy” rating restated by equities researchers at HC Wainwright in a research note issued on Thursday,Benzinga reports. They presently have a $1.00 target price on the stock. HC Wainwright’s price objective points to a potential upside of 142.66% from the company’s previous close.

Separately, Alliance Global Partners downgraded shares of Boxlight from a “buy” rating to a “neutral” rating in a research report on Thursday.

Boxlight Stock Down 18.0 %

BOXL opened at $0.41 on Thursday. The firm has a 50 day moving average price of $0.47 and a 200 day moving average price of $0.56. The company has a market cap of $4.04 million, a PE ratio of -0.13 and a beta of 1.32. Boxlight has a 1 year low of $0.41 and a 1 year high of $1.16. The company has a debt-to-equity ratio of 4.96, a quick ratio of 1.23 and a current ratio of 2.21.

About Boxlight

Boxlight Corporation designs, produces, and distributes interactive technology solutions for the education, health, corporate, military, and government sectors in the Americas, Europe, the Middle East, Africa, and internationally. The company provides interactive and non-interactive flat panel displays and whiteboards, LED video walls, digital signages, classroom audio and campus communication, cameras and other peripherals, and media players; and accessory document cameras, teacher pads for remote control, assessment systems, and front-of-class display products under the Mimio and Clevertouch brands.