Shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.78 and traded as high as $2.98. B.O.S. Better Online Solutions shares last traded at $2.92, with a volume of 25,878 shares traded.
Wall Street Analyst Weigh In
Separately, ThinkEquity assumed coverage on shares of B.O.S. Better Online Solutions in a research note on Monday, June 10th. They issued a “buy” rating and a $5.00 price target on the stock.
Check Out Our Latest Report on B.O.S. Better Online Solutions
B.O.S. Better Online Solutions Stock Performance
B.O.S. Better Online Solutions (NASDAQ:BOSC – Get Free Report) last posted its quarterly earnings results on Thursday, May 30th. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter. B.O.S. Better Online Solutions had a return on equity of 11.17% and a net margin of 4.82%. The business had revenue of $11.29 million during the quarter.
Hedge Funds Weigh In On B.O.S. Better Online Solutions
An institutional investor recently raised its position 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 – Free Report) by 0.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 611,550 shares of the communications equipment provider’s stock after purchasing an additional 5,749 shares during the quarter. Janney Montgomery Scott LLC owned about 10.64% of B.O.S. Better Online Solutions worth $1,865,000 as of its most recent SEC filing. 15.06% of the stock is currently 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.
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