Boxlight Corporation’s recently made public that its Chief Technology Officer Marklew Shaun unloaded Company’s shares for reported $338.0 on Oct 01 ’24. In the deal valued at $0.46 per share,735 shares were sold. As a result of this transaction, Marklew Shaun now holds 27,667 shares worth roughly $31540.379999999997.
Then, Marklew Shaun sold 885 shares, generating $407 in total proceeds. Upon selling the shares at $0.46, the Chief Technology Officer now owns 28,402 shares.
Before that, Wiggins Greg sold 162 shares. Boxlight Corporation shares valued at $75 were divested by the Chief Financial Officer at a price of $0.46 per share. As a result of the transaction, Wiggins Greg now holds 7,975 shares, worth roughly $9091.5.
Alliance Global Partners downgraded its Boxlight Corporation [BOXL] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including National Securities’s analysts, who increased its forecast for the stock in mid May from “a Neutral” to “a Buy”. National Securities also remained covering BOXL and has decreased its forecast on March 23, 2020 with a “Neutral” recommendation from previously “Buy” rating. National Securities started covering the stock on October 22, 2019. It rated BOXL as “a Buy”.
Price Performance Review of BOXL
On Tuesday, Boxlight Corporation [NASDAQ:BOXL] saw its stock fall -32.14% to $1.14. Over the last five days, the stock has gained 191.04%. Boxlight Corporation shares have risen nearly 198.74% since the year began. Nevertheless, the stocks have risen 9.62% over the past one year. While a 52-week high of $2.13 was reached on 01/06/25, a 52-week low of $0.30 was recorded on 01/02/25. SMA at 50 days reached $0.4727, while 200 days put it at $0.5478.
Levels Of Support And Resistance For BOXL Stock
The 24-hour chart illustrates a support level at 1.0100, which if violated will result in even more drops to 0.8800. On the upside, there is a resistance level at 1.3100. A further resistance level may holdings at 1.4800. The Relative Strength Index (RSI) on the 14-day chart is 66.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.5688, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.19%. Stochastics %K at 69.82% indicates the stock is a holding.
How much short interest is there in Boxlight Corporation?
A steep rise in short interest was recorded in Boxlight Corporation stocks on 2024-10-31, dropping by 5469.0 shares to a total of 52964.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 58433.0 shares. There was a decline of -10.33%, which implies that there is a negative sentiment for the stock.
