One Stop Systems Inc (NASDAQ:OSS) was the recipient of a significant decrease in short interest during the month of November. As of November 29th, there was short interest totalling 72,700 shares, a decrease of 14.4% from the November 14th total of 84,900 shares. Based on an average daily trading volume, of 71,800 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.7% of the company’s stock are short sold.
NASDAQ:OSS traded up $0.07 during trading hours on Friday, hitting $1.76. The company’s stock had a trading volume of 92,217 shares, compared to its average volume of 61,161. The stock has a market capitalization of $28.82 million, a P/E ratio of 25.57 and a beta of 2.10. The stock has a fifty day moving average of $2.17 and a 200-day moving average of $2.12. The company has a current ratio of 2.35, a quick ratio of 1.49 and a debt-to-equity ratio of 0.02. One Stop Systems has a 52-week low of $1.35 and a 52-week high of $3.90.
One Stop Systems (NASDAQ:OSS) last posted its earnings results on Thursday, November 7th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. One Stop Systems had a positive return on equity of 4.78% and a negative net margin of 3.90%. The firm had revenue of $14.94 million for the quarter, compared to analyst estimates of $14.70 million. On average, sell-side analysts forecast that One Stop Systems will post -0.09 earnings per share for the current year.
Several research firms recently commented on OSS. Noble Financial reissued a “buy” rating and issued a $4.00 target price on shares of One Stop Systems in a report on Tuesday, November 12th. Zacks Investment Research raised One Stop Systems from a “hold” rating to a “buy” rating and set a $2.75 target price on the stock in a report on Thursday, November 14th. TheStreet lowered One Stop Systems from a “c-” rating to a “d+” rating in a report on Tuesday, November 26th. Finally, ValuEngine raised One Stop Systems from a “hold” rating to a “buy” rating in a report on Wednesday, September 4th. Five research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of $3.42.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OSS. Pacific Ridge Capital Partners LLC boosted its stake in One Stop Systems by 2.0% in the second quarter. Pacific Ridge Capital Partners LLC now owns 608,614 shares of the company’s stock valued at $1,041,000 after acquiring an additional 12,023 shares in the last quarter. Vanguard Group Inc. boosted its stake in One Stop Systems by 36.4% in the second quarter. Vanguard Group Inc. now owns 151,750 shares of the company’s stock valued at $259,000 after acquiring an additional 40,527 shares in the last quarter. Essex Investment Management Co. LLC acquired a new position in One Stop Systems in the third quarter valued at $172,000. Finally, Herald Investment Management Ltd boosted its stake in One Stop Systems by 104.3% in the third quarter. Herald Investment Management Ltd now owns 776,234 shares of the company’s stock valued at $2,282,000 after acquiring an additional 396,234 shares in the last quarter. Institutional investors own 26.49% of the company’s stock.
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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