One Stop Systems (NASDAQ:OSS) Stock Sees Unusually High Call Option Buying

One Stop Systems, Inc. (NASDAQ:OSS) was the recipient of some unusual options trading activity on Tuesday. Stock traders bought 37,853 call options on the company. This represents an increase of 1,805% compared to the average daily volume of 1,987 call options.

One Stop Systems Stock Down 2.9%

Shares of One Stop Systems stock traded down $0.26 during trading on Tuesday, hitting $8.65. 705,731 shares of the stock traded hands, compared to its average volume of 1,658,528. The stock has a market cap of $215.73 million, a price-to-earnings ratio of 173.03 and a beta of 1.45. One Stop Systems has a 52 week low of $4.17 and a 52 week high of $20.88. The firm’s fifty day moving average is $11.15 and its 200-day moving average is $12.55.

One Stop Systems (NASDAQ:OSS) last issued its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.02. The business had revenue of $9.35 million during the quarter, compared to analyst estimates of $8.50 million. One Stop Systems had a return on equity of 2.22% and a net margin of 2.67%.During the same quarter in the prior year, the firm earned ($0.09) earnings per share. On average, analysts forecast that One Stop Systems will post -0.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on OSS. Clear Str upgraded One Stop Systems to a “strong-buy” rating in a research report on Monday, July 13th. Weiss Ratings cut One Stop Systems from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 25th. Wall Street Zen lowered One Stop Systems from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Lake Street Capital lifted their price target on One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, One Stop Systems presently has an average rating of “Moderate Buy” and a consensus target price of $16.00.

Institutional Investors Weigh In On One Stop Systems

Several institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in One Stop Systems in the 2nd quarter worth approximately $33,412,000. Bard Associates Inc. bought a new stake in One Stop Systems in the second quarter valued at approximately $9,569,000. Squarepoint Ops LLC boosted its stake in shares of One Stop Systems by 124.6% during the second quarter. Squarepoint Ops LLC now owns 131,346 shares of the company’s stock valued at $2,388,000 after purchasing an additional 72,870 shares during the period. Sei Investments Co. boosted its stake in shares of One Stop Systems by 66.9% during the first quarter. Sei Investments Co. now owns 166,632 shares of the company’s stock valued at $1,261,000 after purchasing an additional 66,784 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of One Stop Systems in the second quarter worth approximately $1,136,000. 32.67% of the stock is currently owned by hedge funds and other institutional investors.

About One Stop Systems

One Stop Systems, Inc (NASDAQ: OSS) designs and manufactures high-performance computing systems for applications that require rapid data processing in demanding environments. The company focuses on artificial intelligence and machine learning, sensor processing, data acquisition, and other compute-intensive workloads for defense, aerospace, industrial, and commercial customers.

Its product portfolio includes ruggedized servers, GPU-accelerated computing platforms, PCI Express expansion systems, high-performance storage solutions, and related hardware designed to connect processors, graphics processing units, sensors, and other specialized components.