One Stop Systems (NASDAQ:OSS) Cut to Sell at Wall Street Zen

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

Several other research firms have also weighed in on OSS. Clear Str upgraded shares of One Stop Systems to a “strong-buy” rating in a research note on Monday, July 13th. Lake Street Capital lifted their target price on shares of One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, June 5th. Finally, Weiss Ratings cut shares of One Stop Systems from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, One Stop Systems has an average rating of “Moderate Buy” and a consensus target price of $16.00.

One Stop Systems Price Performance

NASDAQ:OSS opened at $8.91 on Friday. The stock has a market cap of $222.22 million, a PE ratio of 178.24 and a beta of 1.45. One Stop Systems has a fifty-two week low of $4.17 and a fifty-two week high of $20.88. The stock’s 50-day moving average is $11.15 and its two-hundred day moving average is $12.55.

One Stop Systems (NASDAQ:OSS) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.02. The business had revenue of $9.35 million during 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 period in the prior year, the firm earned ($0.09) earnings per share. On average, equities research analysts anticipate that One Stop Systems will post -0.1 earnings per share for the current year.

Institutional Trading of One Stop Systems

Several large investors have recently added to or reduced their stakes in OSS. Legal & General Group Plc acquired a new position in shares of One Stop Systems during the 2nd quarter worth $39,000. Global Retirement Partners LLC bought a new position in shares of One Stop Systems during the 2nd quarter valued at $73,000. Quantbot Technologies LP acquired a new stake in shares of One Stop Systems in the 2nd quarter valued at $111,000. Strait & Sound Wealth Management LLC acquired a new stake in shares of One Stop Systems in the 2nd quarter valued at $182,000. Finally, HighTower Advisors LLC acquired a new stake in shares of One Stop Systems in the 2nd quarter valued at $188,000. 32.67% of the stock is owned by institutional investors.

One Stop Systems Company Profile

One Stop Systems, Inc (NASDAQ: OSS) designs and manufactures high-performance computing systems for applications that require rapid data processing in demanding environments. The company focuses on artificial intelligence and machine learning, sensor processing, data acquisition, and other compute-intensive workloads for defense, aerospace, industrial, and commercial customers.

Its product portfolio includes ruggedized servers, GPU-accelerated computing platforms, PCI Express expansion systems, high-performance storage solutions, and related hardware designed to connect processors, graphics processing units, sensors, and other specialized components.