BOXABL (NASDAQ:BXBL) Sets New 12-Month Low – Should You Sell?

BOXABL Inc. (NASDAQ:BXBL)’s share price hit a new 52-week low on Thursday. The stock traded as low as $3.05 and last traded at $3.0750, with a volume of 37,435 shares. The stock had previously closed at $3.20.

Wall Street Analysts Forecast Growth

BXBL has been the subject of a number of analyst reports. Wall Street Zen raised shares of BOXABL from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Weiss Ratings raised BOXABL from a “sell (e-)” rating to a “sell (e+)” rating in a research report on Friday, September 4th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

BOXABL Stock Performance

The business has a 50 day moving average of $4.00. The firm has a market cap of $741.56 million, a PE ratio of -2.22 and a beta of 0.47.

BOXABL (NASDAQ:BXBL) last issued its earnings results on Friday, August 21st. The modular housing company reported ($1.38) earnings per share (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.