BOXABL (NASDAQ:BXBL) Sets New 1-Year Low – Time to Sell?

BOXABL Inc. (NASDAQ:BXBL)’s stock price hit a new 52-week low on Wednesday. The stock traded as low as $2.75 and last traded at $2.81, with a volume of 54,281 shares changing hands. The stock had previously closed at $2.81.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Weiss Ratings raised shares of BOXABL from a “sell (e-)” rating to a “sell (e+)” rating in a research report on Friday, September 4th. Wall Street Zen raised shares of BOXABL from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, BOXABL presently has an average rating of “Sell”.

BOXABL Stock Performance

The stock’s fifty day simple moving average is $3.87.

BOXABL (NASDAQ:BXBL) last announced its quarterly earnings results on Friday, August 21st. The modular housing company reported ($1.38) EPS for the quarter.

BOXABL Company Profile

BOXABL develops and manufactures prefabricated, modular buildings designed to provide a faster and potentially more efficient alternative to traditional construction. Its structures are produced in a factory, transported to a building site and assembled for residential and other uses.

The company’s best-known product is the Casita, a compact modular home designed as a studio-style dwelling or accessory dwelling unit. BOXABL also offers larger configurations and has described applications for its building systems in multifamily housing, commercial properties, emergency accommodation and other structures.