B.O.S. Better Online Solutions (NASDAQ:BOSC) Stock Passes Above 200 Day Moving Average of $2.84

Posted by Joseph Griffin on Aug 31st, 2024

Shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.84 and traded as high as $2.93. B.O.S. Better Online Solutions shares last traded at $2.92, with a volume of 3,004 shares.

Wall Street Analyst Weigh In

Separately, ThinkEquity began coverage on shares of B.O.S. Better Online Solutions in a report on Monday, June 10th. They set a “buy” rating and a $5.00 target price for the company.

Get Our Latest Research Report on BOSC

B.O.S. Better Online Solutions Stock Up 1.7 %

The business has a 50-day moving average price of $2.89 and a 200 day moving average price of $2.84. The stock has a market capitalization of $16.78 million, a P/E ratio of 8.11 and a beta of 0.85. The company has a current ratio of 2.03, a quick ratio of 1.52 and a debt-to-equity ratio of 0.06.

B.O.S. Better Online Solutions (NASDAQ:BOSC – Get Free Report) last issued its quarterly earnings data on Thursday, August 22nd. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter. B.O.S. Better Online Solutions had a return on equity of 11.17% and a net margin of 4.82%. The business had revenue of $8.45 million for the quarter.

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

A hedge fund recently raised its stake in B.O.S. Better Online Solutions stock. Janney Montgomery Scott LLC grew its stake in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC – Free Report) by 0.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 611,550 shares of the communications equipment provider’s stock after acquiring an additional 5,749 shares during the quarter. Janney Montgomery Scott LLC owned about 10.64% of B.O.S. Better Online Solutions worth $1,865,000 at the end of the most recent quarter. 15.06% of the stock is owned by institutional investors and hedge funds.

B.O.S. Better Online Solutions Company Profile

(Get Free Report)

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.