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

B.O.S. Better Online Solutions (NASDAQ:BOSC) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.66 and traded as low as $4.28. B.O.S. Better Online Solutions shares last traded at $4.33, with a volume of 18,069 shares trading hands.

Analyst Ratings Changes

BOSC has been the subject of several research analyst reports. Wall Street Zen lowered B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Weiss Ratings raised B.O.S. Better Online Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Finally, Alliance Global Partners assumed coverage on B.O.S. Better Online Solutions in a research report on Thursday, April 23rd. They issued a “buy” rating and a $8.00 target price on the stock. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $8.00.

B.O.S. Better Online Solutions Trading Down 0.7%

The company has a market capitalization of $30.53 million, a P/E ratio of 9.62 and a beta of 1.11. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.84. The stock has a fifty day moving average of $4.48 and a 200 day moving average of $4.66.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its earnings results on Friday, May 15th. The communications equipment provider reported $0.11 earnings per share for the quarter. B.O.S. Better Online Solutions had a net margin of 6.45% and a return on equity of 13.85%. The company had revenue of $11.39 million for the quarter.

Hedge Funds Weigh In On B.O.S. Better Online Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE purchased a new position in B.O.S. Better Online Solutions during the third quarter valued at $39,000. Royal Bank of Canada purchased a new stake in B.O.S. Better Online Solutions in the 4th quarter worth $49,000. HRT Financial LP bought a new position in shares of B.O.S. Better Online Solutions during the 4th quarter valued at about $51,000. Integrated Advisors Network LLC bought a new position in shares of B.O.S. Better Online Solutions during the 3rd quarter valued at about $90,000. Finally, XTX Topco Ltd grew its position in shares of B.O.S. Better Online Solutions by 42.0% during the fourth quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock valued at $98,000 after purchasing an additional 6,334 shares in the last quarter. 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. 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.