B.O.S. Better Online Solutions (NASDAQ:BOSC – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.68 and traded as low as $4.22. B.O.S. Better Online Solutions shares last traded at $4.23, with a volume of 74,404 shares.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the stock. Wall Street Zen cut shares of B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Weiss Ratings raised shares of B.O.S. Better Online Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Finally, Alliance Global Partners assumed coverage on shares of B.O.S. Better Online Solutions in a research note on Thursday, April 23rd. They set a “buy” rating and a $8.00 target price on the stock. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, B.O.S. Better Online Solutions currently has an average rating of “Buy” and an average target price of $8.00.
View Our Latest Report on BOSC
B.O.S. Better Online Solutions Stock Down 1.4%
B.O.S. Better Online Solutions (NASDAQ:BOSC – Get Free Report) last announced its earnings results on Friday, May 15th. The communications equipment provider reported $0.11 EPS for the quarter. B.O.S. Better Online Solutions had a return on equity of 13.85% and a net margin of 6.45%.The company had revenue of $11.39 million during the quarter.
Hedge Funds Weigh In On B.O.S. Better Online Solutions
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. XTX Topco Ltd boosted its holdings in B.O.S. Better Online Solutions by 42.0% during the 4th quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock valued at $98,000 after acquiring an additional 6,334 shares during the period. Renaissance Technologies LLC boosted its holdings in B.O.S. Better Online Solutions by 2.7% during the 1st quarter. Renaissance Technologies LLC now owns 243,311 shares of the communications equipment provider’s stock valued at $1,092,000 after acquiring an additional 6,404 shares during the period. Bank of America Corp DE purchased a new position in B.O.S. Better Online Solutions during the 3rd quarter valued at about $39,000. Royal Bank of Canada acquired a new stake in B.O.S. Better Online Solutions in the 4th quarter valued at about $49,000. Finally, HRT Financial LP acquired a new stake in B.O.S. Better Online Solutions in the 4th quarter valued at about $51,000. 15.06% of the stock is currently 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. 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.
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