One Stop Systems (NASDAQ:OSS) Price Target Raised to $12.00

One Stop Systems (NASDAQ:OSS) had its price target lifted by Lake Street Capital from $9.00 to $12.00 in a research note released on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other brokerages have also recently issued reports on OSS. iA Financial set a $9.00 target price on One Stop Systems in a research report on Monday, January 5th. Alliance Global Partners reissued a “buy” rating on shares of One Stop Systems in a research report on Monday, January 5th. Weiss Ratings restated a “sell (d-)” rating on shares of One Stop Systems in a research note on Thursday, January 22nd. Finally, Roth Mkm reaffirmed a “buy” rating and set a $9.00 price objective on shares of One Stop Systems in a report on Monday, January 5th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $10.00.

One Stop Systems Stock Performance

Shares of NASDAQ OSS opened at $8.82 on Thursday. The business’s 50-day simple moving average is $9.70 and its 200-day simple moving average is $7.33. One Stop Systems has a 52 week low of $1.85 and a 52 week high of $12.75. The firm has a market cap of $218.21 million, a price-to-earnings ratio of 49.00 and a beta of 0.91.

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 fourth quarter worth approximately $29,000. FNY Investment Advisers LLC acquired a new stake in shares of One Stop Systems in the fourth quarter worth $46,000. Marex Group plc acquired a new stake in shares of One Stop Systems in the second quarter worth $36,000. Granite Investment Partners LLC bought a new position in One Stop Systems during the second quarter worth $39,000. Finally, Savant Capital LLC bought a new position in One Stop Systems during the fourth quarter worth $87,000. Institutional investors and hedge funds own 32.67% of the company’s stock.

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.