Wall Street Zen Downgrades One Stop Systems (NASDAQ:OSS) to Sell

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

A number of other research firms have also weighed in on OSS. Lake Street Capital boosted their price objective on One Stop Systems from $18.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, June 5th. Clear Str raised One Stop Systems to a “strong-buy” rating in a research note on Monday, July 13th. Finally, Weiss Ratings lowered One Stop Systems from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, One Stop Systems currently has a consensus rating of “Moderate Buy” and an average target price of $16.00.

One Stop Systems Price Performance

OSS opened at $9.28 on Friday. The company’s 50 day simple moving average is $11.21 and its two-hundred day simple moving average is $12.56. One Stop Systems has a 1-year low of $4.17 and a 1-year high of $20.88. The firm has a market capitalization of $231.44 million, a price-to-earnings ratio of 185.64 and a beta of 1.45.

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

Institutional Trading of One Stop Systems

Hedge funds and other institutional investors have recently modified their holdings of the business. Legal & General Group Plc purchased a new stake in One Stop Systems in the 2nd quarter valued at about $39,000. Global Retirement Partners LLC acquired a new position in One Stop Systems in the second quarter valued at about $73,000. Quantbot Technologies LP purchased a new position in One Stop Systems during the second quarter worth about $111,000. Strait & Sound Wealth Management LLC purchased a new position in One Stop Systems during the second quarter worth about $182,000. Finally, HighTower Advisors LLC acquired a new stake in shares of One Stop Systems during the second quarter valued at about $188,000. 32.67% of the stock is owned by institutional investors and hedge funds.

One Stop Systems Company Profile

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.