One Stop Systems (NASDAQ:OSS) Raised to “Hold” at Wall Street Zen

One Stop Systems (NASDAQ:OSS) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

Other equities analysts have also issued reports about the stock. Clear Str raised shares of One Stop Systems to a “strong-buy” rating in a research note on Monday, July 13th. Weiss Ratings cut 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 issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.00.

One Stop Systems Stock Performance

Shares of OSS opened at $7.74 on Friday. One Stop Systems has a twelve month low of $4.17 and a twelve month high of $20.88. The firm’s 50 day moving average price is $10.40 and its two-hundred day moving average price is $12.44. The firm has a market cap of $193.07 million, a P/E ratio of 154.83 and a beta of 1.45.

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

Hedge Funds Weigh In On One Stop Systems

A number of large investors have recently bought and sold shares of OSS. Legal & General Group Plc bought a new stake in One Stop Systems during the 2nd quarter worth about $39,000. Global Retirement Partners LLC acquired a new position in shares of One Stop Systems during the 2nd quarter worth about $73,000. Quantbot Technologies LP bought a new position in shares of One Stop Systems in the 2nd quarter valued at about $111,000. Strait & Sound Wealth Management LLC bought a new position in shares of One Stop Systems in the 2nd quarter valued at about $182,000. Finally, HighTower Advisors LLC bought a new position in shares of One Stop Systems in the 2nd quarter valued at about $188,000. Institutional investors and hedge funds 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.