B.O.S. Better Online Solutions (NASDAQ:BOSC) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.88 and traded as high as $2.96. B.O.S. Better Online Solutions shares last traded at $2.94, with a volume of 30,808 shares traded.

B.O.S. Better Online Solutions Price Performance

The company’s 50-day moving average price is $2.91 and its 200-day moving average price is $2.88. The company has a quick ratio of 1.59, a current ratio of 2.33 and a debt-to-equity ratio of 0.05. The firm has a market cap of $16.93 million, a price-to-earnings ratio of 8.65 and a beta of 0.85.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its earnings results on Thursday, August 22nd. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $8.45 million for the quarter. B.O.S. Better Online Solutions had a net margin of 4.90% and a return on equity of 10.30%.

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

Several large investors have recently bought and sold shares of BOSC. Janney Montgomery Scott LLC boosted its stake in shares of B.O.S. Better Online Solutions by 1.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 638,700 shares of the communications equipment provider’s stock valued at $1,884,000 after buying an additional 11,850 shares during the period. Dynamic Advisor Solutions LLC raised its holdings in B.O.S. Better Online Solutions by 278.0% in the third quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock valued at $112,000 after acquiring an additional 27,800 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in B.O.S. Better Online Solutions by 4.6% during the 2nd quarter. Renaissance Technologies LLC now owns 160,211 shares of the communications equipment provider’s stock worth $450,000 after acquiring an additional 7,095 shares in the last quarter. Hedge funds and other institutional investors own 15.06% of the company’s stock.

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.