Zacks Research Downgrades One Stop Systems (NASDAQ:OSS) to Hold

One Stop Systems (NASDAQ:OSSGet Free Report) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

OSS has been the subject of a number of other reports. Lake Street Capital lifted their price objective on One Stop Systems from $9.00 to $12.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Alliance Global Partners reiterated a “buy” rating on shares of One Stop Systems in a research report on Wednesday, May 6th. Weiss Ratings upgraded One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Monday, March 23rd. Finally, Roth Mkm reiterated a “buy” rating and issued a $18.00 price objective on shares of One Stop Systems in a research report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Read Our Latest Research Report on One Stop Systems

One Stop Systems Stock Down 3.6%

One Stop Systems stock opened at $15.41 on Monday. The stock has a 50-day simple moving average of $10.45 and a 200 day simple moving average of $8.70. One Stop Systems has a 12-month low of $2.45 and a 12-month high of $17.33. The stock has a market capitalization of $381.69 million, a price-to-earnings ratio of 61.64 and a beta of 1.14.

One Stop Systems (NASDAQ:OSSGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.06. One Stop Systems had a negative return on equity of 0.24% and a net margin of 12.44%.The business had revenue of $8.07 million during the quarter, compared to analysts’ expectations of $6.98 million. As a group, sell-side analysts anticipate that One Stop Systems will post -0.05 EPS for the current year.

Institutional Trading of One Stop Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OSS. Smartleaf Asset Management LLC acquired a new position in shares of One Stop Systems during the 4th quarter worth about $29,000. Marex Group plc acquired a new position in shares of One Stop Systems during the 2nd quarter worth about $36,000. FNY Investment Advisers LLC acquired a new position in shares of One Stop Systems during the 4th quarter worth about $46,000. Walleye Capital LLC acquired a new position in shares of One Stop Systems during the 2nd quarter worth about $46,000. Finally, DNB Asset Management AS acquired a new position in shares of One Stop Systems during the 3rd quarter worth about $83,000. 32.67% of the stock is currently owned by institutional investors and hedge funds.

About One Stop Systems

(Get Free Report)

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.

Further Reading

Analyst Recommendations for One Stop Systems (NASDAQ:OSS)

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