B.O.S. Better Online Solutions (NASDAQ:BOSC) Rating Increased to Strong-Buy at Wall Street Zen

B.O.S. Better Online Solutions (NASDAQ:BOSC) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Sunday.

B.O.S. Better Online Solutions Stock Down 3.0%

Shares of BOSC stock opened at $4.79 on Friday. B.O.S. Better Online Solutions has a 12 month low of $2.50 and a 12 month high of $5.50. The company has a quick ratio of 1.61, a current ratio of 2.19 and a debt-to-equity ratio of 0.04. The firm has a market cap of $28.36 million, a PE ratio of 9.78 and a beta of 1.06. The stock has a 50 day moving average of $4.08 and a 200-day moving average of $3.83.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last announced its earnings results on Thursday, May 29th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter. B.O.S. Better Online Solutions had a net margin of 6.66% and a return on equity of 19.16%. The business had revenue of $15.03 million for the quarter.

Institutional Investors Weigh In On B.O.S. Better Online Solutions

Several hedge funds have recently made changes to their positions in the stock. Evernest Financial Advisors LLC bought a new position in B.O.S. Better Online Solutions during the first quarter valued at about $629,000. XTX Topco Ltd acquired a new stake in shares of B.O.S. Better Online Solutions during the 1st quarter worth approximately $49,000. Finally, Renaissance Technologies LLC increased its position in shares of B.O.S. Better Online Solutions by 19.4% during the fourth quarter. Renaissance Technologies LLC now owns 185,411 shares of the communications equipment provider’s stock valued at $612,000 after purchasing an additional 30,100 shares during the period. Institutional investors own 15.06% of the company’s stock.

B.O.S. Better Online Solutions Company Profile

B.O.S. Better Online Solutions Ltd. provides intelligent robotics, radio frequency identification (RFID), and supply chain solutions for enterprises worldwide. The Intelligent Robotics Division provides custom-made machines for industrial automation and assembly of products and packing that offer technological solutions.