BOS Better OnLine Sol (NASDAQ:BOSC) Posts Quarterly Earnings Results

BOS Better OnLine Sol (NASDAQ:BOSC) released its quarterly earnings results on Tuesday. The communications equipment provider reported $0.05 earnings per share for the quarter, Morningstar.com reports. BOS Better OnLine Sol had a net margin of 2.93% and a return on equity of 9.49%. BOS Better OnLine Sol updated its FY 2019 guidance to $0.34 EPS.

Shares of BOSC opened at $2.79 on Wednesday. BOS Better OnLine Sol has a 12 month low of $1.90 and a 12 month high of $3.99. The firm has a fifty day simple moving average of $2.83 and a 200 day simple moving average of $2.85. The stock has a market capitalization of $12.38 million, a price-to-earnings ratio of 10.02 and a beta of 0.90. The company has a current ratio of 2.09, a quick ratio of 1.61 and a debt-to-equity ratio of 0.18.

BOSC has been the subject of several research analyst reports. TheStreet cut shares of BOS Better OnLine Sol from a “b” rating to a “c” rating in a report on Tuesday, June 4th. ValuEngine cut shares of BOS Better OnLine Sol from a “buy” rating to a “hold” rating in a report on Thursday, August 1st.

Institutional investors and hedge funds have recently made changes to their positions in the stock. EP Wealth Advisors LLC bought a new stake in BOS Better OnLine Sol during the second quarter worth $28,000. Virtu Financial LLC bought a new position in shares of BOS Better OnLine Sol in the first quarter valued at about $38,000. Finally, James Investment Research Inc. raised its position in shares of BOS Better OnLine Sol by 40.0% in the first quarter. James Investment Research Inc. now owns 19,250 shares of the communications equipment provider’s stock valued at $56,000 after purchasing an additional 5,500 shares during the period. Institutional investors and hedge funds own 3.82% of the company’s stock.

About BOS Better OnLine Sol

B.O.S Better Online Solutions Ltd. provides radio frequency identification (RFID), mobile, and supply chain solutions in Israel and internationally. It operates through two divisions, Supply Chain Solutions; and RFID and Mobile Solutions. The Supply Chain Solutions division offers electronic components, telecommunications equipment, and components consolidation services to aerospace, defense, medical, and telecommunications industries, as well as for enterprise customers.

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Earnings History for BOS Better OnLine Sol (NASDAQ:BOSC)

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