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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.88 and traded as high as $2.96. B.O.S. Better Online Solutions shares last traded at $2.94, with a volume of 30,808 shares changing hands.

B.O.S. Better Online Solutions Trading Up 2.1 %

The company has a quick ratio of 1.59, a current ratio of 2.33 and a debt-to-equity ratio of 0.05. The company’s 50-day moving average is $2.91 and its 200-day moving average is $2.88. The stock has a market capitalization of $16.93 million, a price-to-earnings ratio of 8.65 and a beta of 0.85.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its quarterly earnings results on Thursday, August 22nd. The communications equipment provider reported $0.09 EPS for the quarter. The firm had revenue of $8.45 million for the quarter. B.O.S. Better Online Solutions had a net margin of 4.90% and a return on equity of 10.30%.

Institutional Trading of B.O.S. Better Online Solutions

Hedge funds and other institutional investors have recently modified their holdings of the business. Dynamic Advisor Solutions LLC increased its position in shares of B.O.S. Better Online Solutions by 278.0% during the third quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock valued at $112,000 after acquiring an additional 27,800 shares during the last quarter. Renaissance Technologies LLC raised its position in B.O.S. Better Online Solutions by 4.6% in the second quarter. Renaissance Technologies LLC now owns 160,211 shares of the communications equipment provider’s stock valued at $450,000 after purchasing an additional 7,095 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in B.O.S. Better Online Solutions by 0.9% during the first quarter. Janney Montgomery Scott LLC now owns 611,550 shares of the communications equipment provider’s stock worth $1,865,000 after purchasing an additional 5,749 shares in the last quarter. 15.06% of the stock is owned by institutional investors and hedge funds.

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.