One Stop Systems (NASDAQ:OSS) released its earnings results on Thursday. The company reported $0.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.01, Fidelity Earnings reports. The firm had revenue of $14.94 million for the quarter, compared to the consensus estimate of $14.70 million. One Stop Systems had a negative net margin of 2.82% and a positive return on equity of 6.39%.
Shares of NASDAQ:OSS traded up $0.12 during midday trading on Friday, reaching $2.50. The company’s stock had a trading volume of 80,300 shares, compared to its average volume of 129,933. The firm has a 50 day moving average of $2.63 and a 200-day moving average of $2.15. One Stop Systems has a 12-month low of $1.35 and a 12-month high of $3.90. The company has a quick ratio of 1.13, a current ratio of 1.84 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $36.62 million, a P/E ratio of 41.67 and a beta of 2.25.
OSS has been the topic of a number of recent research reports. Benchmark initiated coverage on shares of One Stop Systems in a research report on Tuesday, August 6th. They issued a “buy” rating and a $3.50 target price on the stock. ValuEngine raised shares of One Stop Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, September 4th. TheStreet raised shares of One Stop Systems from a “d+” rating to a “c” rating in a research report on Monday, September 30th. Zacks Investment Research raised shares of One Stop Systems from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Finally, Noble Financial set a $4.00 target price on shares of One Stop Systems and gave the stock a “buy” rating in a research report on Friday, August 9th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $3.75.
In other news, insider James M. Reardon sold 64,132 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $1.69, for a total value of $108,383.08. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 38.00% of the stock is owned by corporate insiders.
One Stop Systems Company Profile
One Stop Systems, Inc designs, manufactures, and markets industrial grade computer systems and components that are based on industry standard computer architectures worldwide. The company offers custom built servers; graphical processing unit compute accelerators; flash arrays; peripheral component interconnect expansion products and adaptors; storage management software; and infrastructure as a service solutions.
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