B.O.S. Better Online Solutions (NASDAQ:BOSC) Downgraded by Wall Street Zen to Hold

B.O.S. Better Online Solutions (NASDAQ:BOSC) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

BOSC has been the topic of a number of other reports. Weiss Ratings raised shares of B.O.S. Better Online Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Alliance Global Partners started coverage on shares of B.O.S. Better Online Solutions in a research note on Thursday, April 23rd. They issued a “buy” rating and a $8.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $8.00.

B.O.S. Better Online Solutions Trading Down 4.2%

NASDAQ:BOSC opened at $4.11 on Friday. The firm’s fifty day moving average is $4.67 and its 200-day moving average is $4.71. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.20 and a current ratio of 2.70. B.O.S. Better Online Solutions has a 52 week low of $3.80 and a 52 week high of $6.72. The firm has a market cap of $28.98 million, a P/E ratio of 9.13 and a beta of 1.16.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its quarterly earnings data on Friday, May 15th. The communications equipment provider reported $0.11 EPS for the quarter. B.O.S. Better Online Solutions had a net margin of 6.45% and a return on equity of 14.30%. The company had revenue of $11.39 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of BOSC. Evernest Financial Advisors LLC raised its holdings in B.O.S. Better Online Solutions by 604.3% during the fourth quarter. Evernest Financial Advisors LLC now owns 324,000 shares of the communications equipment provider’s stock worth $1,591,000 after buying an additional 278,000 shares during the last quarter. Renaissance Technologies LLC raised its holdings in B.O.S. Better Online Solutions by 2.7% during the first quarter. Renaissance Technologies LLC now owns 243,311 shares of the communications equipment provider’s stock worth $1,092,000 after buying an additional 6,404 shares during the last quarter. Navellier & Associates Inc. acquired a new position in B.O.S. Better Online Solutions during the third quarter worth $911,000. Militia Capital Partners LP raised its holdings 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 worth $847,000 after buying an additional 50,311 shares during the last quarter. Finally, Militia Capital Management LLC acquired a new position in B.O.S. Better Online Solutions during the first quarter worth $524,000. Institutional investors and hedge funds own 15.06% of the company’s stock.

About B.O.S. Better Online Solutions

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.