B.O.S. Better Online Solutions (NASDAQ:BOSC) Now Covered by Alliance Global Partners

Alliance Global Partners assumed coverage on shares of B.O.S. Better Online Solutions (NASDAQ:BOSC) in a research report sent to investors on Thursday morning,Benzinga reports. The brokerage issued a buy rating and a $8.00 target price on the communications equipment provider’s stock.

A number of other research firms have also recently issued reports on BOSC. Weiss Ratings cut B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, March 24th. Wall Street Zen raised B.O.S. Better Online Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, B.O.S. Better Online Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $8.00.

B.O.S. Better Online Solutions Stock Up 0.6%

NASDAQ:BOSC opened at $4.67 on Thursday. B.O.S. Better Online Solutions has a 1 year low of $3.52 and a 1 year high of $6.72. The company has a current ratio of 2.70, a quick ratio of 2.20 and a debt-to-equity ratio of 0.03. The stock has a market cap of $32.92 million, a price-to-earnings ratio of 8.34 and a beta of 1.16. The stock has a 50-day moving average price of $4.77 and a two-hundred day moving average price of $4.83.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its earnings results on Tuesday, March 31st. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter. B.O.S. Better Online Solutions had a return on equity of 17.04% and a net margin of 7.14%.The firm had revenue of $12.62 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Evernest Financial Advisors LLC boosted its position in shares of B.O.S. Better Online Solutions by 604.3% during the fourth quarter. Evernest Financial Advisors LLC now owns 324,000 shares of the communications equipment provider’s stock worth $1,591,000 after buying an additional 278,000 shares during the period. Renaissance Technologies LLC boosted its position in shares of B.O.S. Better Online Solutions by 13.7% during the fourth quarter. Renaissance Technologies LLC now owns 236,907 shares of the communications equipment provider’s stock worth $1,080,000 after buying an additional 28,540 shares during the period. Navellier & Associates Inc. acquired a new position in shares of B.O.S. Better Online Solutions during the third quarter worth about $911,000. Militia Capital Partners LP boosted its position in shares of B.O.S. Better Online Solutions by 39.4% during the third quarter. Militia Capital Partners LP now owns 177,955 shares of the communications equipment provider’s stock worth $847,000 after buying an additional 50,311 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of B.O.S. Better Online Solutions by 65.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 64,431 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 25,589 shares during the period. 15.06% of the stock is 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. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.