One Stop Systems (NASDAQ:OSS) Rating Lowered to “Sell” at Wall Street Zen

One Stop Systems (NASDAQ:OSS) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.

A number of other equities analysts have also issued reports on OSS. Weiss Ratings lowered shares of One Stop Systems from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, October 8th. Clear Str raised shares of One Stop Systems to a “strong-buy” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s 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.

One Stop Systems Stock Performance

One Stop Systems stock opened at $5.91 on Friday. The business’s 50-day simple moving average is $9.02 and its two-hundred day simple moving average is $12.33. The company has a market cap of $147.40 million, a PE ratio of 118.22 and a beta of 1.45. One Stop Systems has a fifty-two week low of $4.17 and a fifty-two week high of $20.88.

One Stop Systems (NASDAQ:OSS) last announced its quarterly earnings data 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 firm had revenue of $9.35 million during the quarter, compared to analysts’ expectations 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 period last year, the business posted ($0.09) earnings per share. As a group, analysts predict that One Stop Systems will post -0.10 EPS for the current fiscal year.

Institutional Investors Weigh In On One Stop Systems

Several hedge funds have recently modified their holdings of OSS. Lodestone Wealth Management LLC increased its stake in shares of One Stop Systems by 9.5% in the 3rd quarter. Lodestone Wealth Management LLC now owns 21,504 shares of the company’s stock valued at $188,000 after purchasing an additional 1,867 shares in the last quarter. Engineers Gate Manager LP raised its holdings in One Stop Systems by 43.9% in the 2nd quarter. Engineers Gate Manager LP now owns 41,732 shares of the company’s stock worth $759,000 after purchasing an additional 12,732 shares during the period. Squarepoint Ops LLC raised its holdings in One Stop Systems by 124.6% in the 2nd quarter. Squarepoint Ops LLC now owns 131,346 shares of the company’s stock worth $2,388,000 after purchasing an additional 72,870 shares during the period. Connective Capital Management LLC acquired a new position in One Stop Systems in the 2nd quarter worth about $204,000. Finally, Spark Investment Management LLC purchased a new position in One Stop Systems during the second quarter worth approximately $207,000. 32.67% of the stock is 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 demanding applications at the edge. Its solutions are built to process large volumes of data close to where that data is generated, supporting artificial intelligence, machine learning, sensor processing, and other compute-intensive workloads.

The company’s product portfolio includes ruggedized servers, GPU-accelerated computing platforms, high-speed PCI Express expansion systems, data-storage solutions, and related computing components.