BOXABL (NASDAQ:BXBL) Cut to Strong Sell at Wall Street Zen

BOXABL (NASDAQ:BXBL) was downgraded by equities researchers at Wall Street Zen to a “strong sell” rating in a research report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised BOXABL from a “sell (e-)” rating to a “sell (e+)” rating in a research note on Friday, September 4th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

BOXABL Stock Up 0.5%

BOXABL stock opened at $1.93 on Friday. The firm has a market cap of $466.20 million, a price-to-earnings ratio of -1.40 and a beta of 0.77. BOXABL has a 52 week low of $1.76 and a 52 week high of $15.14. The business has a 50 day moving average price of $3.36.

BOXABL (NASDAQ:BXBL) last released its quarterly earnings data on Friday, August 21st. The modular housing company reported ($1.38) earnings per share for the quarter.

BOXABL Company Profile

BOXABL is a housing technology company focused on developing prefabricated, modular building systems. Its approach is designed to move much of the construction process into a controlled factory environment, with the goal of making building more standardized, efficient and easier to transport than conventional on-site construction.

The company’s best-known product is the Casita, a compact modular housing unit that is manufactured in sections and designed for delivery and installation at a customer’s site.