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How to Buy Boxlight Stock

Boxlight Corp

Boxlight Corporation develops, sells, and services interactive classroom technology products and solutions for the K-12 education market worldwide.

Boxlight stock last closed at $0.85, up 0.24% from the previous day, and has decreased 80.75% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.58 percentage points. Boxlight stock is currently +10.65% from its 52-week low of $0.77, and -81.64% from its 52-week high of $4.64.

At the moment, there are 9.61M shares of BOXL outstanding. The market value of BOXL is $8.19M. In the last 24 hours, 25,251 BOXL shares were traded.

How to Buy Boxlight Stock

Wondering how to invest in Boxlight stock? Here's how.
  1. Choose where to buy Boxlight stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Boxlight stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Pick your method of payment and add your info.
  4. Research Boxlight stock: The Boxlight ticker symbol is BOXL. Is Boxlight stock a good investment? Should you buy shares of BOXL? How do BOXL's underlying business fundamentals look? Do top analysts think Boxlight is a good buy? Why has BOXL's stock price moved recently? (Hint: Our stock market research website can help you figure out if BOXL is a good stock to buy).
  5. Place your BOXL trade: Decide if you will purchase BOXL shares at the current market price or use a limit order to purchase BOXL shares at a specific price.
  6. Watch your BOXL position: Create a watchlist to monitor your position in Boxlight shares.

Step 1: Choose where to buy Boxlight stock

You need a brokerage account in order to access the NASDAQ market and buy BOXL shares.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal details so you can invest in BOXL today.

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Step 3: Put funds into your investment account

Now that you have filled out your info on the best beginner stock app, your next step is to transfer the money for your investment:

Watch the tutorial below to see the process of transferring funds into your new investment account.

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Step 4: Research Boxlight stock

Once you have figured out the best place to buy Boxlight stock, it's important to research their stock before you invest, so you can comprehend the risk and upside.

Overview of key BOXL info

BOXL Price
$0.85
1w %
7.85%
1y %
-80.75%
5y %
-96.18%
P/E
-0.33x
P/B
0.27x
P/S
0.04x
PEG
N/A
Revenue
$180.72M
Earnings
-$24.77M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$8.19M
Next Earnings
Mar 13, 2024
Next Dividend
N/A

Boxlight Zen Score

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on BOXL's stock page.

Is BOXL stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge BOXL's fair value.

Using relative valuations metrics:

  • BOXL could be undervalued based on its P/B ratio of 0.27x, relative to Communication Equipment industry P/B ratio of 2.65x

You can access more valuation analysis on BOXL's stock here.

BOXL Financial Health Overview

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the BOXL balance sheet.
  • There are more short-term assets than long-term liabilities on the BOXL balance sheet.

Failed Health Checks:

  • BOXL earnings of -$9.74M is not enough to cover its interest payments.
  • Total BOXL debt is higher than 5 years ago, relative to shareholder equity.
  • BOXL profit margin has gone down from -4.5% to -13.7% in the past year.
  • BOXL has a relatively high debt to equity ratio of 3.96.
  • BOXL's operating cash flow of $8.93M allows it to safely service it's debt of $53.05M.

Is it a good time to buy Boxlight stock, according to Wall Street analysts?

Out of 1 Equities analysts who monitor BOXL, the consensus analyst rating on BOXL is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Boxlight stock forecast page.

BOXL Technical Indicators

SMA10
0.82
SMA20
0.83
SMA50
0.92
SMA100
1.17
SMA200
1.68
MACD
-0.03
MACD Signal
-0.03
MACD Histogram
0.01
RSI
49.29
Stochastic %K
47.79
Stochastic %D
33.27
StochRSI %K
82.61
StochRSI %D
64.96

How is BOXL performing as a company?

Last year, BOXL revenue was $180.72M. During the past five year, BOXL's revenue has grown by 42.1% per year. This was faster than the Communication Equipment industry average of 3.9%.

Dig into BOXL's earnings and revenue performance here.

Latest Insiders Trades at BOXL

Over the last year, insiders at BOXL have sold more shares than they have bought.

Shaun Marklew, Chief Technology Officer of BOXL, was the latest BOXL insider to sell. They sold $699.15 worth of BOXL shares on Feb 27, 2024.

Get more info about who owns BOXL stock here.

Can I rely on BOXL as an income stream?

No, Boxlight doesn't provide an income stream by paying out dividends.

What do other traders have to say about BOXL?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your BOXL trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price limit, place a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Watch your BOXL position

Now that you own some shares in BOXL, you'll want to keep up with your new shares.

Make a watchlist to track the most important metrics related to your BOXL stock.

BOXL Feed

How to Buy Stock in Boxlight

To summarize, here are the 6 steps to buy stock in Boxlight:

  1. Choose where to buy Boxlight stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Boxlight stock
  5. Place your BOXL trade
  6. Watch your BOXL position

If you require a place to buy stocks, eToro is our recommended option.

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If you want to keep tabs on your new investment in Boxlight, click below.

NASDAQ: BOXL
$0.85+0.00 (+0.24%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: BOXL
$0.85+0.00 (+0.24%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Boxlight share?

As of Mar 1, 2024, it costs $0.85 to buy one share of Boxlight stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.43, you can buy 0.5 shares of BOXL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Boxlight stock?

According to 1 Wall Street analysts who monitor Boxlight, their consensus recommendation is to buy Boxlight stock.

What is the best way to buy Boxlight stock?

One way to place an order for Boxlight stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.