One Stop Systems (NASDAQ:OSS) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, ValuEngine reports.
Several other research analysts have also weighed in on OSS. Zacks Investment Research raised One Stop Systems from a “sell” rating to a “hold” rating in a research report on Thursday, May 23rd. Noble Financial reaffirmed a “buy” rating and issued a $4.00 target price on shares of One Stop Systems in a research report on Wednesday, July 10th.
One Stop Systems stock traded up $0.04 during mid-day trading on Thursday, hitting $1.74. The company’s stock had a trading volume of 76,280 shares, compared to its average volume of 81,628. The stock’s 50 day moving average is $1.78. The firm has a market cap of $25.23 million, a P/E ratio of 29.00 and a beta of 2.59. The company has a current ratio of 1.82, a quick ratio of 0.94 and a debt-to-equity ratio of 0.01. One Stop Systems has a 52-week low of $1.35 and a 52-week high of $4.35.
One Stop Systems (NASDAQ:OSS) last announced its quarterly earnings data on Thursday, May 9th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.03). The business had revenue of $10.06 million during the quarter, compared to analysts’ expectations of $12.30 million. One Stop Systems had a positive return on equity of 1.62% and a negative net margin of 3.22%. As a group, equities analysts forecast that One Stop Systems will post -0.01 earnings per share for the current fiscal year.
In other news, CEO Steve D. Cooper bought 15,000 shares of the company’s stock in a transaction on Friday, June 7th. The shares were bought at an average cost of $1.74 per share, with a total value of $26,100.00. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 38.00% of the company’s stock.
A hedge fund recently raised its stake in One Stop Systems stock. Pacific Ridge Capital Partners LLC increased its stake in shares of One Stop Systems Inc (NASDAQ:OSS) by 19.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 596,591 shares of the company’s stock after acquiring an additional 96,642 shares during the period. Pacific Ridge Capital Partners LLC owned 4.18% of One Stop Systems worth $1,217,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 17.99% of the company’s stock.
About One Stop Systems
One Stop Systems, Inc designs, manufactures, and markets industrial grade computer systems and components that are based on industry standard computer architectures worldwide. The company offers custom built servers; graphical processing unit compute accelerators; flash arrays; peripheral component interconnect expansion products and adaptors; storage management software; and infrastructure as a service solutions.
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