B.O.S. Better Online Solutions (NASDAQ:BOSC) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.86 and traded as high as $2.98. B.O.S. Better Online Solutions shares last traded at $2.94, with a volume of 12,836 shares.

B.O.S. Better Online Solutions Price Performance

The firm has a market capitalization of $16.85 million, a price-to-earnings ratio of 8.62 and a beta of 0.84. 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 fifty day moving average is $2.88 and its two-hundred day moving average is $2.86.

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

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

Large investors have recently made changes to their positions in the company. Dynamic Advisor Solutions LLC increased its holdings in B.O.S. Better Online Solutions by 278.0% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock worth $112,000 after purchasing an additional 27,800 shares in the last quarter. Renaissance Technologies LLC raised its position in B.O.S. Better Online Solutions by 4.6% in the 2nd quarter. Renaissance Technologies LLC now owns 160,211 shares of the communications equipment provider’s stock valued at $450,000 after buying an additional 7,095 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in B.O.S. Better Online Solutions by 0.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 611,550 shares of the communications equipment provider’s stock valued at $1,865,000 after acquiring an additional 5,749 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.