One Stop Systems (OSS) Set to Announce Earnings on Thursday

One Stop Systems (NASDAQ:OSS – Get Rating) is scheduled to announce its earnings results after the market closes on Thursday, May 12th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

NASDAQ:OSS opened at $4.48 on Thursday. The company has a market capitalization of $84.57 million, a P/E ratio of 37.33 and a beta of 1.59. One Stop Systems has a 12 month low of $3.74 and a 12 month high of $6.66. The business’s 50-day moving average is $4.22 and its 200 day moving average is $4.54.

A number of research firms recently commented on OSS. Zacks Investment Research downgraded One Stop Systems from a “hold” rating to a “strong sell” rating in a research report on Friday, April 1st. Benchmark reissued a “buy” rating and issued a $8.00 price objective on shares of One Stop Systems in a research note on Friday, March 25th. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. According to MarketBeat, One Stop Systems presently has an average rating of “Buy” and a consensus target price of $7.47.

In other news, major shareholder Steve D. Cooper sold 47,900 shares of One Stop Systems stock in a transaction dated Friday, April 8th. The stock was sold at an average price of $4.16, for a total value of $199,264.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Steve D. Cooper sold 30,000 shares of the firm’s stock in a transaction dated Monday, April 11th. The stock was sold at an average price of $4.71, for a total value of $141,300.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 80,000 shares of company stock worth $349,216. 6.25% of the stock is currently owned by insiders.

Hedge funds have recently made changes to their positions in the business. Morgan Stanley boosted its stake in shares of One Stop Systems by 1,791,750.0% in the second quarter. Morgan Stanley now owns 71,674 shares of the company’s stock valued at $415,000 after buying an additional 71,670 shares in the last quarter. Millennium Management LLC raised its holdings in shares of One Stop Systems by 226.8% in the second quarter. Millennium Management LLC now owns 99,049 shares of the company’s stock worth $573,000 after acquiring an additional 68,741 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of One Stop Systems by 4.1% in the third quarter. Geode Capital Management LLC now owns 110,963 shares of the company’s stock worth $558,000 after acquiring an additional 4,349 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of One Stop Systems by 25.4% in the fourth quarter. Renaissance Technologies LLC now owns 421,577 shares of the company’s stock worth $2,087,000 after acquiring an additional 85,477 shares during the last quarter. Finally, LPL Financial LLC acquired a new position in One Stop Systems in the fourth quarter valued at $188,000. Institutional investors own 26.60% of the company’s stock.

One Stop Systems Company Profile (Get Rating)

One Stop Systems, Inc designs, manufactures, and markets high-performance computing modules and systems for edge deployments in the United States and internationally. Its systems are built using the graphical processing unit and solid-state flash technologies. The company provides custom servers, data acquisition platforms, compute accelerators, solid-state storage arrays, PCIe expansion products, and system I/O expansion systems, as well as edge optimized industrial and panel PCs.

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