One Stop Systems (NASDAQ:OSS) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of One Stop Systems (NASDAQ:OSS) from a hold rating to a strong-buy rating in a research note issued to investors on Monday morning,Zacks.com reports.

A number of other equities analysts have also issued reports on the stock. Lake Street Capital upped their target price on shares of One Stop Systems from $9.00 to $12.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Weiss Ratings upgraded shares of One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Monday, March 23rd. Alliance Global Partners reiterated a “buy” rating on shares of One Stop Systems in a research report on Monday, January 5th. iA Financial set a $9.00 target price on shares of One Stop Systems in a research report on Monday, January 5th. Finally, Roth Mkm reiterated a “buy” rating and set a $9.00 target price on shares of One Stop Systems in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, One Stop Systems has an average rating of “Buy” and a consensus price target of $10.00.

One Stop Systems Price Performance

Shares of OSS stock traded up $0.93 during trading hours on Monday, reaching $9.69. 692,783 shares of the company were exchanged, compared to its average volume of 2,199,790. One Stop Systems has a fifty-two week low of $1.98 and a fifty-two week high of $12.75. The stock’s fifty day moving average is $8.83 and its two-hundred day moving average is $7.58. The company has a market cap of $239.61 million, a price-to-earnings ratio of 53.64 and a beta of 0.95.

Hedge Funds Weigh In On One Stop Systems

Several large investors have recently bought and sold shares of the business. Geode Capital Management LLC lifted its holdings in One Stop Systems by 0.9% in the second quarter. Geode Capital Management LLC now owns 199,729 shares of the company’s stock valued at $709,000 after buying an additional 1,837 shares during the period. Legato Capital Management LLC lifted its holdings in One Stop Systems by 22.7% in the fourth quarter. Legato Capital Management LLC now owns 16,324 shares of the company’s stock valued at $117,000 after buying an additional 3,019 shares during the period. Smartleaf Asset Management LLC acquired a new position in One Stop Systems in the fourth quarter valued at approximately $29,000. FNY Investment Advisers LLC acquired a new position in One Stop Systems in the fourth quarter valued at approximately $46,000. Finally, Dimensional Fund Advisors LP lifted its holdings in One Stop Systems by 22.3% in the third quarter. Dimensional Fund Advisors LP now owns 46,925 shares of the company’s stock valued at $252,000 after buying an additional 8,554 shares during the period. 32.67% of the stock is currently owned by institutional investors and hedge funds.

About One Stop Systems

One Stop Systems, Inc (NASDAQ: OSS) develops and manufactures high-performance computing and storage systems tailored for mission-critical and harsh-environment applications. The company’s solutions are designed to deliver accelerated processing, high-throughput data handling and reliability in confined or ruggedized form factors. OSS leverages advanced cooling, power management and custom enclosures to support demanding workloads in settings where off-the-shelf hardware may fall short.

The company’s product portfolio includes GPU-accelerated servers, embedded single-board computers, high-speed RAID storage arrays and integrated system solutions.