One Stop Systems (NASDAQ:OSS) Downgraded by Wall Street Zen to Sell

Wall Street Zen downgraded shares of One Stop Systems (NASDAQ:OSS) from a hold rating to a sell rating in a research note released on Saturday,Wall Street Zen reports.

Several other equities analysts also recently weighed in on OSS. Weiss Ratings downgraded shares of One Stop Systems from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, October 8th. Clear Str upgraded shares of One Stop Systems to a “strong-buy” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $16.00.

One Stop Systems Price Performance

OSS opened at $5.91 on Friday. The company has a market cap of $147.40 million, a price-to-earnings ratio of 118.22 and a beta of 1.45. One Stop Systems has a 52-week low of $4.17 and a 52-week high of $20.88. The firm’s fifty day simple moving average is $9.02 and its two-hundred day simple moving average is $12.30.

One Stop Systems (NASDAQ:OSS) last announced its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.02. The business had revenue of $9.35 million for the quarter, compared to analyst estimates 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 last year, the business earned ($0.09) earnings per share. On average, research analysts forecast that One Stop Systems will post -0.10 EPS for the current year.

Institutional Investors Weigh In On One Stop Systems

A number of hedge funds have recently modified their holdings of the company. Lodestone Wealth Management LLC increased its holdings in shares of One Stop Systems by 9.5% during the 3rd quarter. Lodestone Wealth Management LLC now owns 21,504 shares of the company’s stock worth $188,000 after buying an additional 1,867 shares during the last quarter. Engineers Gate Manager LP increased its stake in One Stop Systems by 43.9% during the second quarter. Engineers Gate Manager LP now owns 41,732 shares of the company’s stock worth $759,000 after acquiring an additional 12,732 shares during the last quarter. Squarepoint Ops LLC increased its stake in One Stop Systems by 124.6% during the second quarter. Squarepoint Ops LLC now owns 131,346 shares of the company’s stock worth $2,388,000 after acquiring an additional 72,870 shares during the last quarter. Connective Capital Management LLC purchased a new stake in One Stop Systems in the second quarter valued at $204,000. Finally, Spark Investment Management LLC purchased a new stake in One Stop Systems in the second quarter valued at $207,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

About One Stop Systems

One Stop Systems, Inc (NASDAQ: OSS) designs and manufactures high-performance computing systems for demanding applications at the edge. Its solutions are built to process large volumes of data close to where that data is generated, supporting artificial intelligence, machine learning, sensor processing, and other compute-intensive workloads.

The company’s product portfolio includes ruggedized servers, GPU-accelerated computing platforms, high-speed PCI Express expansion systems, data-storage solutions, and related computing components.