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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.13 and traded as high as $3.98. B.O.S. Better Online Solutions shares last traded at $3.79, with a volume of 40,339 shares traded.

B.O.S. Better Online Solutions Stock Down 3.1 %

The company has a current ratio of 2.49, a quick ratio of 1.73 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $21.83 million, a P/E ratio of 9.72 and a beta of 0.89. The stock’s 50-day simple moving average is $3.50 and its 200-day simple moving average is $3.13.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last issued its quarterly earnings results on Wednesday, November 27th. The communications equipment provider reported $0.10 EPS for the quarter. B.O.S. Better Online Solutions had a return on equity of 11.31% and a net margin of 5.55%.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in BOSC. Janney Montgomery Scott LLC raised its position in B.O.S. Better Online Solutions by 2.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 651,600 shares of the communications equipment provider’s stock worth $2,150,000 after acquiring an additional 12,900 shares during the period. Dynamic Advisor Solutions LLC raised its holdings in shares of B.O.S. Better Online Solutions by 278.0% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock worth $112,000 after purchasing an additional 27,800 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in B.O.S. Better Online Solutions by 4.6% in the second quarter. Renaissance Technologies LLC now owns 160,211 shares of the communications equipment provider’s stock valued at $450,000 after purchasing an additional 7,095 shares during the last quarter. 15.06% of the stock is owned by hedge funds and other institutional investors.

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.