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

B.O.S. Better Online Solutions (NASDAQ:BOSC) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.87 and traded as low as $4.82. B.O.S. Better Online Solutions shares last traded at $4.94, with a volume of 37,002 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of B.O.S. Better Online Solutions in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

B.O.S. Better Online Solutions Stock Up 2.5%

The stock has a market capitalization of $30.53 million, a P/E ratio of 9.50 and a beta of 1.23. The company has a current ratio of 2.76, a quick ratio of 2.13 and a debt-to-equity ratio of 0.04. The firm’s fifty day moving average is $4.72 and its 200-day moving average is $4.87.

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

A number of institutional investors have recently modified their holdings of BOSC. Bank of America Corp DE bought a new position in B.O.S. Better Online Solutions in the 3rd quarter worth approximately $39,000. Integrated Advisors Network LLC acquired a new position in shares of B.O.S. Better Online Solutions in the 3rd quarter valued at $90,000. Susquehanna International Group LLP grew its stake in B.O.S. Better Online Solutions by 134.7% in the third quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock valued at $263,000 after acquiring an additional 31,887 shares during the period. Militia Capital Partners LP bought a new stake in B.O.S. Better Online Solutions during the 2nd quarter worth approximately $619,000. Finally, Navellier & Associates Inc. bought a new stake in shares of B.O.S. Better Online Solutions during the third quarter worth $911,000. 15.06% of the stock is owned by institutional investors.

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. 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.