B.O.S. Better Online Solutions (NASDAQ:BOSC) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen downgraded shares of B.O.S. Better Online Solutions (NASDAQ:BOSC) from a strong-buy rating to a hold rating in a research note issued to investors on Saturday.

B.O.S. Better Online Solutions Price Performance

Shares of NASDAQ BOSC opened at $4.86 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.19 and a quick ratio of 1.61. The company has a market cap of $28.77 million, a price-to-earnings ratio of 9.35 and a beta of 1.06. The stock’s 50-day moving average is $4.94 and its two-hundred day moving average is $4.27. B.O.S. Better Online Solutions has a 1-year low of $2.50 and a 1-year high of $5.50.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last announced its quarterly earnings data on Thursday, August 21st. The communications equipment provider reported $0.23 earnings per share (EPS) for the quarter. B.O.S. Better Online Solutions had a return on equity of 23.25% and a net margin of 6.79%.The business had revenue of $11.53 million during the quarter. B.O.S. Better Online Solutions has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On B.O.S. Better Online Solutions

Hedge funds and other institutional investors have recently modified their holdings of the company. Militia Capital Partners LP purchased a new stake in shares of B.O.S. Better Online Solutions during the 2nd quarter worth $619,000. Evernest Financial Advisors LLC acquired a new stake in B.O.S. Better Online Solutions in the first quarter valued at $629,000. XTX Topco Ltd purchased a new stake in B.O.S. Better Online Solutions during the 1st quarter worth about $49,000. Finally, Renaissance Technologies LLC boosted its position in shares of B.O.S. Better Online Solutions by 19.4% during the 4th quarter. Renaissance Technologies LLC now owns 185,411 shares of the communications equipment provider’s stock worth $612,000 after acquiring an additional 30,100 shares in the last quarter. 15.06% of the stock is currently owned by institutional investors and hedge funds.

B.O.S. Better Online Solutions Company Profile

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.