B.O.S. Better Online Solutions (NASDAQ:BOSC) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.33 and traded as high as $3.93. B.O.S. Better Online Solutions shares last traded at $3.87, with a volume of 15,071 shares traded.

B.O.S. Better Online Solutions Trading Up 5.4 %

The business has a 50-day simple moving average of $3.81 and a two-hundred day simple moving average of $3.33. The stock has a market cap of $22.30 million, a price-to-earnings ratio of 9.92 and a beta of 0.86. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.73.

Institutional Investors 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 raised its position in shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 1.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 638,700 shares of the communications equipment provider’s stock after acquiring an additional 11,850 shares during the period. Janney Montgomery Scott LLC owned approximately 11.11% of B.O.S. Better Online Solutions worth $1,884,000 at the end of the most recent quarter. 15.06% of the stock is currently owned by institutional investors and hedge funds.

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.