One Stop Systems (NASDAQ:OSS) Stock Lifted to “Hold” by 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 released on Saturday,Wall Street Zen reports.

Several other equities analysts have also recently weighed in on OSS. Clear Str upgraded shares of One Stop Systems to a “strong-buy” rating in a research note on Monday, July 13th. Weiss Ratings cut shares of One Stop Systems from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, One Stop Systems has an average rating of “Moderate Buy” and a consensus target price of $16.00.

One Stop Systems Trading Up 1.2%

Shares of OSS stock opened at $7.74 on Friday. One Stop Systems has a 12-month low of $4.17 and a 12-month high of $20.88. The stock has a market capitalization of $193.04 million, a P/E ratio of 154.83 and a beta of 1.45. The firm’s 50 day moving average is $10.40 and its 200 day moving average is $12.42.

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

Institutional Trading of One Stop Systems

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in One Stop Systems in the 2nd quarter worth approximately $33,412,000. Bard Associates Inc. bought a new position in shares of One Stop Systems in the second quarter worth approximately $9,569,000. Squarepoint Ops LLC boosted its position in shares of One Stop Systems by 124.6% in the second quarter. Squarepoint Ops LLC now owns 131,346 shares of the company’s stock worth $2,388,000 after purchasing an additional 72,870 shares during the period. Sei Investments Co. increased its stake in shares of One Stop Systems by 66.9% in the first quarter. Sei Investments Co. now owns 166,632 shares of the company’s stock worth $1,261,000 after purchasing an additional 66,784 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of One Stop Systems during the 2nd quarter valued at $1,136,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

One Stop Systems Company Profile

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.