B.O.S. Better Online Solutions (NASDAQ:BOSC) Stock Passes Above 200-Day Moving Average – Here’s Why

Shares of B.O.S. Better Online Solutions (NASDAQ:BOSC) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.84 and traded as high as $5.10. B.O.S. Better Online Solutions shares last traded at $5.06, with a volume of 52,133 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of B.O.S. Better Online Solutions in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

B.O.S. Better Online Solutions Trading Down 0.6%

The company has a current ratio of 2.76, a quick ratio of 2.13 and a debt-to-equity ratio of 0.04. The stock has a market cap of $31.27 million, a price-to-earnings ratio of 9.73 and a beta of 1.22. The company has a fifty day simple moving average of $4.84 and a 200-day simple moving average of $4.84.

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

Several hedge funds have recently made changes to their positions in BOSC. Navellier & Associates Inc. acquired a new position in shares of B.O.S. Better Online Solutions in the third quarter worth $911,000. Militia Capital Partners LP boosted its position in B.O.S. Better Online Solutions by 39.4% during the third quarter. Militia Capital Partners LP now owns 177,955 shares of the communications equipment provider’s stock valued at $847,000 after purchasing an additional 50,311 shares during the last quarter. Jane Street Group LLC acquired a new stake in B.O.S. Better Online Solutions during the fourth quarter valued at $125,000. Susquehanna International Group LLP grew its stake in B.O.S. Better Online Solutions by 134.7% in the third quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock valued at $263,000 after purchasing an additional 31,887 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in B.O.S. Better Online Solutions by 13.7% in the fourth quarter. Renaissance Technologies LLC now owns 236,907 shares of the communications equipment provider’s stock valued at $1,080,000 after purchasing an additional 28,540 shares in the last quarter. Hedge funds and other 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. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.