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

Zacks Investment Research upgraded shares of One Stop Systems (NASDAQ:OSS) from a sell rating to a hold rating in a report released on Thursday, 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. “

A number of other research firms have also issued reports on OSS. Benchmark started coverage on One Stop Systems in a report on Tuesday, August 6th. They set a buy rating and a $3.50 target price on the stock. ValuEngine upgraded One Stop Systems from a hold rating to a buy rating in a research report on Wednesday, September 4th. TheStreet upgraded One Stop Systems from a d+ rating to a c rating in a research report on Monday, September 30th. Finally, Noble Financial set a $4.00 price target on One Stop Systems and gave the company a buy rating in a research report on Friday, August 9th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. One Stop Systems presently has an average rating of Buy and a consensus price target of $3.75.

Shares of NASDAQ OSS traded down $0.06 during trading on Thursday, hitting $2.55. 70,116 shares of the company were exchanged, compared to its average volume of 100,843. The company has a market cap of $41.04 million, a price-to-earnings ratio of 42.50 and a beta of 2.34. One Stop Systems has a 1 year low of $1.35 and a 1 year high of $3.90. The firm’s fifty day moving average price is $2.68 and its 200 day moving average price is $2.15. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.84 and a quick ratio of 1.13.

One Stop Systems (NASDAQ:OSS) last issued its earnings results on Thursday, August 8th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. One Stop Systems had a negative net margin of 2.82% and a positive return on equity of 6.39%. The company had revenue of $14.89 million for the quarter, compared to analyst estimates of $14.30 million. On average, research analysts forecast that One Stop Systems will post -0.13 earnings per share for the current year.

In related news, insider James M. Reardon sold 64,132 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $1.69, for a total value of $108,383.08. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 38.00% of the stock is owned by insiders.

An institutional investor recently raised its position in One Stop Systems stock. Pacific Ridge Capital Partners LLC boosted its stake in One Stop Systems Inc (NASDAQ:OSS) by 2.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 608,614 shares of the company’s stock after purchasing an additional 12,023 shares during the quarter. Pacific Ridge Capital Partners LLC owned about 4.20% of One Stop Systems worth $1,041,000 as of its most recent SEC filing. 16.81% of the stock is owned by institutional investors and hedge funds.

One Stop Systems Company Profile

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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