Boxlight Corporation’s recent filing unveils that its Chief Technology Officer Marklew Shaun unloaded Company’s shares for reported $496.0 on Mar 27 ’24. In the deal valued at $0.68 per share,735 shares were sold. As a result of this transaction, Marklew Shaun now holds 30,907 shares worth roughly $19780.48.
Then, Marklew Shaun sold 885 shares, generating $699 in total proceeds. Upon selling the shares at $0.79, the Chief Technology Officer now owns 31,642 shares.
Before that, Nance Henry sold 661 shares. Boxlight Corporation shares valued at $522 were divested by the Chief Operating Officer at a price of $0.79 per share. As a result of the transaction, Nance Henry now holds 42,941 shares, worth roughly $27482.24.
National Securities upgraded its Boxlight Corporation [BOXL] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including National Securities’s analysts, who decreased its forecast for the stock in late March from “a Buy” to “a Neutral”. National Securities began covering BOXL with “Buy” recommendation on October 22, 2019.
Price Performance Review of BOXL
On Monday, Boxlight Corporation [NASDAQ:BOXL] saw its stock jump 1.11% to $0.64. Over the last five days, the stock has gained 19.98%. Boxlight Corporation shares have fallen nearly -40.47% since the year began. Nevertheless, the stocks have fallen -76.17% over the past one year. While a 52-week high of $3.09 was reached on 01/04/24, a 52-week low of $0.49 was recorded on 04/17/24. SMA at 50 days reached $0.6879, while 200 days put it at $1.3085. A total of 1.5 million shares were traded, compared to the trading of 42200.0 shares in the previous session.
Levels Of Support And Resistance For BOXL Stock
The 24-hour chart illustrates a support level at 0.5940, which if violated will result in even more drops to 0.5509. On the upside, there is a resistance level at 0.6761. A further resistance level may holdings at 0.7151. The Relative Strength Index (RSI) on the 14-day chart is 55.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0614, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.28%. Stochastics %K at 78.51% indicates the stock is a holding.
