B.O.S. Better Online Solutions (NASDAQ:BOSC) Share Price Passes Above 200-Day Moving Average – Time to Sell?

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.99 and traded as high as $3.42. B.O.S. Better Online Solutions shares last traded at $3.34, with a volume of 10,203 shares traded.

B.O.S. Better Online Solutions Stock Down 1.8 %

The business has a 50 day moving average of $3.17 and a 200-day moving average of $2.99. The stock has a market cap of $18.90 million, a PE ratio of 8.41 and a beta of 0.90. The company has a current ratio of 2.49, a quick ratio of 1.73 and a debt-to-equity ratio of 0.05.

Hedge Funds Weigh In On B.O.S. Better Online Solutions

Hedge funds have recently bought and sold shares of the stock. Dynamic Advisor Solutions LLC grew its position in B.O.S. Better Online Solutions by 278.0% during the third quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock valued at $112,000 after acquiring an additional 27,800 shares during the period. Renaissance Technologies LLC lifted its stake in shares of B.O.S. Better Online Solutions by 4.6% in the second quarter. Renaissance Technologies LLC now owns 160,211 shares of the communications equipment provider’s stock worth $450,000 after acquiring an additional 7,095 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in B.O.S. Better Online Solutions by 1.9% in the third quarter. Janney Montgomery Scott LLC now owns 638,700 shares of the communications equipment provider’s stock valued at $1,884,000 after buying an additional 11,850 shares during the last quarter. Hedge funds and other institutional investors own 15.06% of the company’s stock.

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.