One Stop Systems (NASDAQ:OSS) issued its quarterly earnings results on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.01, Fidelity Earnings reports. One Stop Systems had a positive return on equity of 6.39% and a negative net margin of 2.82%. The firm had revenue of $14.94 million for the quarter, compared to analyst estimates of $14.70 million.
OSS traded up $0.12 during trading on Friday, hitting $2.50. The company’s stock had a trading volume of 80,300 shares, compared to its average volume of 129,933. One Stop Systems has a twelve month low of $1.35 and a twelve 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 stock’s fifty day moving average price is $2.63 and its 200-day moving average price is $2.15. The firm has a market capitalization of $36.62 million, a P/E ratio of 41.67 and a beta of 2.25.
In other news, insider James M. Reardon sold 64,132 shares of the company’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $1.69, for a total transaction of $108,383.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 38.00% of the stock is owned by corporate insiders.
OSS has been the topic of several recent analyst reports. TheStreet raised One Stop Systems from a “d+” rating to a “c” rating in a research note on Monday, September 30th. Noble Financial set a $4.00 price target on One Stop Systems and gave the company a “buy” rating in a research note on Friday, August 9th. ValuEngine raised One Stop Systems from a “hold” rating to a “buy” rating in a research note on Wednesday, September 4th. Benchmark initiated coverage on One Stop Systems in a research note on Tuesday, August 6th. They issued a “buy” rating and a $3.50 price target on the stock. Finally, Zacks Investment Research raised One Stop Systems from a “sell” rating to a “hold” rating in a research note on Thursday, October 17th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $3.75.
About One Stop Systems
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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