One Stop Systems (NASDAQ:OSS) Stock Rating Upgraded by Alliance Global Partners

One Stop Systems (NASDAQ:OSS) was upgraded by equities research analysts at Alliance Global Partners from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, Marketbeat reports. The firm presently has a $4.50 price objective on the stock, up from their prior price objective of $3.25. Alliance Global Partners’ price objective points to a potential upside of 92.31% from the stock’s current price.

One Stop Systems Trading Up 4.0 %

NASDAQ OSS traded up $0.09 during trading hours on Wednesday, reaching $2.34. 71,353 shares of the company traded hands, compared to its average volume of 90,731. The company has a 50 day moving average of $2.35 and a two-hundred day moving average of $2.36. The stock has a market capitalization of $49.23 million, a PE ratio of -6.47 and a beta of 1.28. One Stop Systems has a 12 month low of $1.79 and a 12 month high of $4.57.

One Stop Systems (NASDAQ:OSS) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.04). One Stop Systems had a negative return on equity of 13.22% and a negative net margin of 14.41%. The firm had revenue of $13.20 million during the quarter, compared to analyst estimates of $13.00 million. On average, equities research analysts anticipate that One Stop Systems will post -0.26 earnings per share for the current year.

Insider Activity at One Stop Systems

In other One Stop Systems news, Director Joseph M. Jr. Manko acquired 50,000 shares of One Stop Systems stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average cost of $1.94 per share, for a total transaction of $97,000.00. Following the completion of the transaction, the director now owns 1,149,899 shares in the company, valued at approximately $2,230,804.06. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 13.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On One Stop Systems

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV bought a new position in One Stop Systems during the 2nd quarter valued at $61,000. Vontobel Holding Ltd. boosted its stake in One Stop Systems by 120.0% during the third quarter. Vontobel Holding Ltd. now owns 33,000 shares of the company’s stock valued at $79,000 after buying an additional 18,000 shares in the last quarter. Essex Investment Management Co. LLC grew its holdings in One Stop Systems by 24.3% during the third quarter. Essex Investment Management Co. LLC now owns 82,311 shares of the company’s stock worth $197,000 after acquiring an additional 16,093 shares during the period. Legato Capital Management LLC bought a new stake in One Stop Systems in the second quarter worth about $35,000. Finally, Vanguard Group Inc. boosted its position in shares of One Stop Systems by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 698,226 shares of the company’s stock valued at $2,276,000 after purchasing an additional 13,036 shares in the last quarter. Institutional investors own 32.67% of the company’s stock.

One Stop Systems Company Profile

One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high-speed switch fabrics, and flash storage technologies.