B.O.S. Better Online Solutions (NASDAQ:BOSC) Share Price Passes Above 200-Day Moving Average – What’s Next?

Shares of B.O.S. Better Online Solutions (NASDAQ:BOSC) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.85 and traded as high as $5.14. B.O.S. Better Online Solutions shares last traded at $5.03, with a volume of 130,641 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

B.O.S. Better Online Solutions Price Performance

The firm’s fifty day simple moving average is $4.86 and its 200 day simple moving average is $4.85. The firm has a market cap of $31.09 million, a P/E ratio of 9.67 and a beta of 1.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.13 and a current ratio of 2.76.

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

A number of hedge funds have recently made changes to their positions in the company. Militia Capital Partners LP bought a new position in B.O.S. Better Online Solutions during the second quarter valued at approximately $619,000. Navellier & Associates Inc. bought a new stake in B.O.S. Better Online Solutions in the 3rd quarter worth approximately $911,000. Integrated Advisors Network LLC bought a new stake in B.O.S. Better Online Solutions in the 3rd quarter worth approximately $90,000. Bank of America Corp DE purchased a new stake in shares of B.O.S. Better Online Solutions during the 3rd quarter worth approximately $39,000. Finally, Susquehanna International Group LLP raised its holdings in shares of B.O.S. Better Online Solutions by 134.7% during the 3rd quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock worth $263,000 after acquiring an additional 31,887 shares in the last quarter. 15.06% of the stock is currently owned by hedge funds and other institutional investors.

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.