B.O.S. Better Online Solutions (NASDAQ:BOSC) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

B.O.S. Better Online Solutions (NASDAQ:BOSC)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.87 and traded as low as $4.64. B.O.S. Better Online Solutions shares last traded at $4.66, with a volume of 138,774 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of B.O.S. Better Online Solutions in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

B.O.S. Better Online Solutions Stock Performance

The firm’s 50 day simple moving average is $4.85 and its 200-day simple moving average is $4.87. The company has a market capitalization of $28.82 million, a price-to-earnings ratio of 8.96 and a beta of 1.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.13 and a current ratio of 2.76.

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

A number of institutional investors have recently bought and sold shares of BOSC. Bank of America Corp DE acquired a new position in shares of B.O.S. Better Online Solutions in the 3rd quarter valued at about $39,000. Integrated Advisors Network LLC acquired a new position in B.O.S. Better Online Solutions in the 3rd quarter valued at approximately $90,000. Susquehanna International Group LLP lifted its position in B.O.S. Better Online Solutions by 134.7% in the 3rd quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock worth $263,000 after buying an additional 31,887 shares in the last quarter. Militia Capital Partners LP lifted its position in B.O.S. Better Online Solutions by 39.4% in the 3rd quarter. Militia Capital Partners LP now owns 177,955 shares of the communications equipment provider’s stock worth $847,000 after buying an additional 50,311 shares in the last quarter. Finally, Navellier & Associates Inc. acquired a new stake in shares of B.O.S. Better Online Solutions during the 3rd quarter valued at $911,000. 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. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.