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

Wall Street Zen downgraded shares of One Stop Systems (NASDAQ:OSS) from a hold rating to a sell rating in a research report report published on Saturday morning,Wall Street Zen reports.

A number of other research firms have also recently weighed in on OSS. Weiss Ratings cut One Stop Systems from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, October 8th. Clear Str upgraded One Stop Systems to a “strong-buy” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $16.00.

One Stop Systems Stock Up 1.2%

Shares of OSS stock opened at $5.98 on Friday. One Stop Systems has a 12 month low of $4.17 and a 12 month high of $20.88. The firm has a market cap of $149.17 million, a PE ratio of 119.62 and a beta of 1.45. The stock has a 50 day moving average of $8.94 and a 200-day moving average of $11.33.

One Stop Systems (NASDAQ:OSS) last released its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.02. The business had revenue of $9.35 million for the quarter, compared to the consensus estimate 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 earned ($0.09) earnings per share. As a group, equities analysts predict that One Stop Systems will post -0.10 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in One Stop Systems in the second quarter valued at about $33,412,000. Bard Associates Inc. acquired a new stake in shares of One Stop Systems during the second quarter worth about $9,569,000. Sei Investments Co. raised its position 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 worth $1,261,000 after purchasing an additional 66,784 shares during the period. Squarepoint Ops LLC raised its position 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 worth $2,388,000 after purchasing an additional 72,870 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of One Stop Systems during the second quarter worth about $1,136,000. Institutional investors own 32.67% of the company’s stock.

One Stop Systems Company Profile

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.