One Stop Systems (NASDAQ:OSS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of One Stop Systems (NASDAQ:OSS) from a sell rating to a hold rating in a report published on Saturday,Wall Street Zen reports.

OSS has been the subject of a number of other reports. Clear Str upgraded One Stop Systems to a “strong-buy” rating in a research note on Monday, July 13th. Weiss Ratings lowered One Stop Systems from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, One Stop Systems has an average rating of “Moderate Buy” and an average price target of $16.00.

One Stop Systems Price Performance

NASDAQ OSS opened at $7.30 on Friday. The company has a market capitalization of $182.06 million, a price-to-earnings ratio of 146.03 and a beta of 1.45. One Stop Systems has a 12 month low of $4.17 and a 12 month high of $20.88. The company’s fifty day moving average price is $10.29 and its two-hundred day moving average price is $12.43.

One Stop Systems (NASDAQ:OSS) last released its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.02. The company had revenue of $9.35 million during the quarter, compared to the consensus estimate of $8.50 million. One Stop Systems had a net margin of 2.67% and a return on equity of 2.22%. During the same quarter in the previous year, the firm earned ($0.09) EPS. As a group, analysts anticipate that One Stop Systems will post -0.10 EPS for the current year.

Hedge Funds Weigh In On One Stop Systems

Several large investors have recently added to or reduced their stakes in OSS. Engineers Gate Manager LP boosted its holdings in shares of One Stop Systems by 43.9% in the 2nd quarter. Engineers Gate Manager LP now owns 41,732 shares of the company’s stock valued at $759,000 after buying an additional 12,732 shares during the period. Squarepoint Ops LLC grew its position in shares of One Stop Systems by 124.6% during the 2nd quarter. Squarepoint Ops LLC now owns 131,346 shares of the company’s stock valued at $2,388,000 after buying an additional 72,870 shares during the last quarter. Connective Capital Management LLC bought a new stake in shares of One Stop Systems during the 2nd quarter valued at about $204,000. Spark Investment Management LLC acquired a new stake in One Stop Systems during the second quarter worth about $207,000. Finally, HighTower Advisors LLC acquired a new stake in One Stop Systems during the second quarter worth about $188,000. 32.67% of the stock is currently owned by institutional investors.

About One Stop Systems

One Stop Systems, Inc (NASDAQ: OSS) designs and manufactures high-performance computing systems for demanding artificial intelligence, machine learning, data acquisition, and sensor-processing applications. Its solutions are built to process large volumes of data at the edge, where performance, reliability, and compact form factors are important.

The company’s product portfolio includes rugged servers, GPU-accelerated computing platforms, PCI Express expansion systems, storage systems, and high-speed networking equipment.