B.O.S. Better Online Solutions (NASDAQ:BOSC) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

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 traded.

B.O.S. Better Online Solutions Price Performance

The business has a fifty day simple moving average of $3.83 and a two-hundred day simple moving average of $3.36. 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 stock has a market cap of $22.18 million, a PE ratio of 9.87 and a beta of 0.86.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in B.O.S. Better Online Solutions stock. Janney Montgomery Scott LLC increased its stake in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 2.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 651,600 shares of the communications equipment provider’s stock after buying an additional 12,900 shares during the period. Janney Montgomery Scott LLC owned 11.31% of B.O.S. Better Online Solutions worth $2,150,000 as of its most recent filing with the Securities & Exchange Commission. 15.06% of the stock is currently owned by institutional investors and hedge funds.

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.