B.O.S. Better Online Solutions (NASDAQ:BOSC) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.48 and traded as high as $3.66. B.O.S. Better Online Solutions shares last traded at $3.63, with a volume of 63,374 shares.

B.O.S. Better Online Solutions Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.73 and a current ratio of 2.49. The business’s fifty day moving average price is $3.82 and its two-hundred day moving average price is $3.48. The stock has a market capitalization of $21.50 million, a P/E ratio of 9.31 and a beta of 0.90.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its quarterly earnings data on Monday, March 31st. The communications equipment provider reported $0.28 EPS for the quarter. The company had revenue of $10.39 million during the quarter. B.O.S. Better Online Solutions had a net margin of 5.55% and a return on equity of 11.31%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in B.O.S. Better Online Solutions stock. Renaissance Technologies LLC increased its position in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 19.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 185,411 shares of the communications equipment provider’s stock after purchasing an additional 30,100 shares during the quarter. Renaissance Technologies LLC owned approximately 3.22% of B.O.S. Better Online Solutions worth $612,000 as of its most recent SEC filing. 15.06% of the stock is currently 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.