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

Wall Street Zen upgraded shares of B.O.S. Better Online Solutions (NASDAQ:BOSC) to a buy rating in a report published on Saturday morning.

B.O.S. Better Online Solutions Trading Up 3.1%

NASDAQ BOSC opened at $4.61 on Friday. The business’s 50-day moving average price is $3.96 and its two-hundred day moving average price is $3.78. B.O.S. Better Online Solutions has a 12 month low of $2.50 and a 12 month high of $5.50. The firm has a market capitalization of $27.31 million, a PE ratio of 11.82 and a beta of 1.06. The company has a current ratio of 2.49, a quick ratio of 1.73 and a debt-to-equity ratio of 0.05.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its quarterly earnings results on Thursday, May 29th. The communications equipment provider reported $0.22 EPS for the quarter. B.O.S. Better Online Solutions had a return on equity of 11.31% and a net margin of 5.55%. The firm had revenue of $15.03 million for the quarter.

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

A number of institutional investors have recently made changes to their positions in BOSC. Renaissance Technologies LLC grew its position in shares of B.O.S. Better Online Solutions by 19.4% in the 4th quarter. Renaissance Technologies LLC now owns 185,411 shares of the communications equipment provider’s stock valued at $612,000 after buying an additional 30,100 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of B.O.S. Better Online Solutions during the 1st quarter valued at about $49,000. Finally, Evernest Financial Advisors LLC bought a new stake in shares of B.O.S. Better Online Solutions during the 1st quarter valued at about $629,000. Institutional investors 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.