Boxlight (NASDAQ:BOXL) Downgraded by Alliance Global Partners to “Neutral”

Alliance Global Partners cut shares of Boxlight (NASDAQ:BOXL) from a buy rating to a neutral rating in a research note issued to investors on Thursday morning, Marketbeat reports.

Boxlight Stock Performance

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

Boxlight Company Profile

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.