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 $0.54, up 2.45% from the previous day, and has decreased 82.64% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.61 percentage points. Boxlight stock is currently +10.82% from its 52-week low of $0.49, and -82.42% from its 52-week high of $3.09.
At the moment, there are 9.73M shares of BOXL outstanding. The market value of BOXL is $5.28M. In the last 24 hours, 21,507 BOXL shares were traded.
How to Buy Boxlight Stock
Wondering how to invest in Boxlight stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your info.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Tech to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 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.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
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.
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
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 0.32x, 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 long-term liabilities on the BOXL balance sheet.
- There are more short-term assets than short-term liabilities on the BOXL balance sheet.
- BOXL's operating cash flow of $11.58M allows it to safely service it's debt of $49.28M.
Failed Health Checks:
- BOXL earnings of -$26.45M is not enough to cover its interest payments.
- BOXL profit margin has gone down from -2.3% to -22.9% in the past year.
- Total BOXL debt is higher than 5 years ago, relative to shareholder equity.
- BOXL has a relatively high debt to equity ratio of 6.76.
Is it a good time to buy Boxlight stock, according to Wall Street analysts?
Out of 2 Equities analysts who monitor BOXL, the consensus analyst rating on BOXL is a Strong 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
How is BOXL performing as a company?
Last year, BOXL revenue was $176.72M. During the past five year, BOXL's revenue has grown by 36.1% per year. This was faster than the Communication Equipment industry average of 3.93%.
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 $496.13 worth of BOXL shares on Mar 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.
Click below to learn what other investors have to say.
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.
If you need more assistance buying stocks on eToro, watch the how to video below:
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:
- Choose where to buy Boxlight stock
- Create a brokerage account
- Put funds into your investment account
- Research Boxlight stock
- Place your BOXL trade
- Watch your BOXL position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Boxlight, click below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.