One Stop Systems (NASDAQ:OSS) Upgraded by Zacks Investment Research to “Hold”

One Stop Systems (NASDAQ:OSSGet Rating) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued on Saturday, Zacks.com reports.

According to Zacks, “One Stop Systems, Inc. designs and manufactures ultra-dense high-performance computing systems for learning, oil and gas exploration, financial trading, media and entertainment, defense and traditional HPC applications. One Stop Systems, Inc. is headquartered in Escondido, California. “

Several other research analysts have also issued reports on the company. Roth Capital reiterated a “buy” rating on shares of One Stop Systems in a report on Wednesday. Benchmark reiterated a “buy” rating and issued a $8.00 price target on shares of One Stop Systems in a report on Friday, March 25th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $7.47.

Shares of NASDAQ:OSS opened at $4.40 on Friday. The business’s 50 day simple moving average is $4.26 and its two-hundred day simple moving average is $4.51. The firm has a market cap of $83.06 million, a P/E ratio of 36.67 and a beta of 1.59. One Stop Systems has a 52-week low of $3.74 and a 52-week high of $6.66.

One Stop Systems (NASDAQ:OSSGet Rating) last announced its quarterly earnings results on Thursday, March 24th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.06). The firm had revenue of $17.78 million during the quarter, compared to the consensus estimate of $17.10 million. One Stop Systems had a return on equity of 1.99% and a net margin of 3.76%. On average, equities research analysts expect that One Stop Systems will post 0.13 earnings per share for the current year.

In related news, major shareholder Steve D. Cooper sold 30,000 shares of One Stop Systems stock in a transaction on Monday, April 11th. The stock was sold at an average price of $4.71, for a total transaction of $141,300.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Steve D. Cooper sold 47,900 shares of the firm’s stock in a transaction on Friday, April 8th. The stock was sold at an average price of $4.16, for a total value of $199,264.00. The disclosure for this sale can be found here. Insiders have sold 80,000 shares of company stock worth $349,216 over the last quarter. 25.30% of the stock is currently owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in OSS. Koshinski Asset Management Inc. purchased a new stake in One Stop Systems in the fourth quarter worth $42,000. Ground Swell Capital LLC purchased a new stake in One Stop Systems in the first quarter worth $58,000. Bailard Inc. purchased a new stake in One Stop Systems in the first quarter worth $68,000. Jump Financial LLC grew its position in shares of One Stop Systems by 25.9% in the third quarter. Jump Financial LLC now owns 15,233 shares of the company’s stock valued at $76,000 after purchasing an additional 3,133 shares in the last quarter. Finally, Ayrton Capital LLC grew its position in shares of One Stop Systems by 72.7% in the first quarter. Ayrton Capital LLC now owns 49,317 shares of the company’s stock valued at $188,000 after purchasing an additional 20,763 shares in the last quarter. 26.60% of the stock is owned by institutional investors and hedge funds.

About One Stop Systems (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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Analyst Recommendations for One Stop Systems (NASDAQ:OSS)

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