B.O.S. Better Online Solutions (NASDAQ:BOSC) Stock Crosses Above 200 Day Moving Average of $2.76

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.76 and traded as high as $2.85. B.O.S. Better Online Solutions shares last traded at $2.78, with a volume of 3,549 shares traded.

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

The business has a 50-day moving average price of $2.80 and a two-hundred day moving average price of $2.76. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.06. The firm has a market cap of $15.99 million, a PE ratio of 8.18 and a beta of 0.85.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its quarterly earnings data on Thursday, March 28th. The communications equipment provider reported $0.07 earnings per share for the quarter. B.O.S. Better Online Solutions had a return on equity of 11.05% and a net margin of 4.54%. The business had revenue of $10.89 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 boosted its holdings in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 0.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 611,550 shares of the communications equipment provider’s stock after buying an additional 5,749 shares during the quarter. Janney Montgomery Scott LLC owned approximately 10.64% of B.O.S. Better Online Solutions worth $1,865,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.