B.O.S. Better Online Solutions (NASDAQ:BOSC) Stock Passes Above 200 Day Moving Average – Here’s Why

Shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.36 and traded as high as $3.94. B.O.S. Better Online Solutions shares last traded at $3.85, with a volume of 10,852 shares trading hands.

B.O.S. Better Online Solutions Price Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.73. The firm has a market cap of $21.98 million, a P/E ratio of 9.78 and a beta of 0.86. The stock’s 50-day simple moving average is $3.83 and its two-hundred day simple moving average is $3.37.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in B.O.S. Better Online Solutions stock. Janney Montgomery Scott LLC lifted its stake in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 651,600 shares of the communications equipment provider’s stock after purchasing an additional 12,900 shares during the period. Janney Montgomery Scott LLC owned about 11.31% of B.O.S. Better Online Solutions worth $2,150,000 at the end of the most recent quarter. 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.