One Stop Systems (NASDAQ:OSS) Upgraded at Lake Street Capital

Lake Street Capital upgraded shares of One Stop Systems (NASDAQ:OSS) from a hold rating to a strong-buy rating in a report issued on Wednesday morning,Zacks.com reports.

One Stop Systems Stock Up 0.7 %

NASDAQ:OSS opened at $2.74 on Wednesday. The company has a fifty day simple moving average of $3.45 and a two-hundred day simple moving average of $2.86. The company has a market cap of $57.86 million, a price-to-earnings ratio of -5.48 and a beta of 1.18. One Stop Systems has a 52 week low of $1.82 and a 52 week high of $4.88.

One Stop Systems (NASDAQ:OSS) last released its quarterly earnings data on Wednesday, March 19th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.11). The firm had revenue of $2.38 million for the quarter, compared to analysts’ expectations of $15.00 million. One Stop Systems had a negative return on equity of 29.71% and a negative net margin of 20.45%. During the same period last year, the firm posted $0.01 earnings per share. On average, analysts expect that One Stop Systems will post -0.52 EPS for the current year.

Institutional Investors Weigh In On One Stop Systems

Several institutional investors have recently modified their holdings of OSS. Geode Capital Management LLC lifted its position in shares of One Stop Systems by 6.6% during the 3rd quarter. Geode Capital Management LLC now owns 181,954 shares of the company’s stock worth $435,000 after purchasing an additional 11,262 shares during the last quarter. Sovereign Financial Group Inc. purchased a new stake in One Stop Systems in the fourth quarter valued at $59,000. Bard Associates Inc. lifted its position in One Stop Systems by 2.5% in the fourth quarter. Bard Associates Inc. now owns 1,044,697 shares of the company’s stock valued at $3,500,000 after acquiring an additional 25,186 shares during the last quarter. Virtu Financial LLC purchased a new stake in One Stop Systems in the fourth quarter valued at $72,000. Finally, Diametric Capital LP purchased a new stake in One Stop Systems in the fourth quarter valued at $63,000. 32.67% of the stock is owned by hedge funds and other institutional investors.

One Stop Systems Company Profile

One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high-speed switch fabrics, and flash storage technologies.