Time for Investors to Take the Plunge on Box, Inc. (NYSE:BOX)

Equity Research firms currently have a positive stance on shares of Box, Inc. (NYSE:BOX). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.20. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $17.80 on a short term basis.

At the time of writing, the stock was trading at $16.16. This represents a change from the opening price of -0.58%. In terms of performance, year to date, the stock is 15.90%. The monthly stock performance comes in at 15.74%. For the quarter, shares are performing at 61.32%. Weekly performance analysis shows the equity at 10.82%.

In taking a look at technical levels, shares are trading 20.61% away from the 50 day simple moving average and 33.23% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -0.58% away from it’s 52- week high and 83.18% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Box, Inc.’s RSI stands at 78.68. In looking at volatility levels, the shares saw weekly volatility of 2.99% and 3.31% over the past month.

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