B.O.S. Better Online Solutions (NASDAQ:BOSC) Lowered to “Hold” Rating by Wall Street Zen

B.O.S. Better Online Solutions (NASDAQ:BOSC) was downgraded by Wall Street Zen from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

B.O.S. Better Online Solutions Stock Performance

Shares of BOSC stock opened at $4.86 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.19 and a debt-to-equity ratio of 0.04. B.O.S. Better Online Solutions has a 52 week low of $2.50 and a 52 week high of $5.50. The stock has a market capitalization of $28.77 million, a PE ratio of 9.35 and a beta of 1.06. The firm has a 50 day moving average of $4.94 and a two-hundred day moving average of $4.26.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last issued its quarterly earnings results on Thursday, August 21st. The communications equipment provider reported $0.23 EPS for the quarter. B.O.S. Better Online Solutions had a net margin of 6.79% and a return on equity of 23.25%. The company had revenue of $11.53 million during the quarter. B.O.S. Better Online Solutions has set its FY 2025 guidance at EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BOSC. Evernest Financial Advisors LLC purchased a new position in B.O.S. Better Online Solutions in the first quarter worth approximately $629,000. Militia Capital Partners LP purchased a new position in B.O.S. Better Online Solutions in the second quarter worth approximately $619,000. Renaissance Technologies LLC lifted its stake in B.O.S. Better Online Solutions by 19.4% in the fourth quarter. Renaissance Technologies LLC now owns 185,411 shares of the communications equipment provider’s stock worth $612,000 after acquiring an additional 30,100 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in B.O.S. Better Online Solutions in the first quarter worth approximately $49,000. Hedge funds and other institutional investors own 15.06% of the company’s stock.

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.