One Stop Systems (OSS) Rating Increased to Hold at Zacks Investment Research
One Stop Systems (NASDAQ:OSS) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research report issued on Thursday.
According to Zacks, “One Stop Systems, Inc. designs and manufactures ultra-dense high-performance computing systems for learning, oil and gas exploration, financial trading, media and entertainment, defense and traditional HPC applications. One Stop Systems, Inc. is headquartered in Escondido, California. “
OSS traded up $0.10 during trading hours on Thursday, reaching $2.33. 26,136 shares of the company’s stock traded hands, compared to its average volume of 21,551. One Stop Systems has a 52-week low of $1.81 and a 52-week high of $6.25. The stock has a market cap of $31.91 million and a P/E ratio of 233.00.
In other One Stop Systems news, VP Jim Ison sold 30,967 shares of the company’s stock in a transaction on Thursday, December 13th. The stock was sold at an average price of $2.66, for a total value of $82,372.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Ralph Reardon sold 17,500 shares of the company’s stock in a transaction on Monday, December 10th. The stock was sold at an average price of $2.84, for a total value of $49,700.00. The disclosure for this sale can be found here. Insiders sold a total of 53,077 shares of company stock valued at $145,119 over the last quarter. Company insiders own 43.20% of the company’s stock.
Several hedge funds have recently modified their holdings of the business. Worth Venture Partners LLC bought a new position in shares of One Stop Systems in the 3rd quarter worth $279,000. Vanguard Group Inc bought a new position in shares of One Stop Systems in the 3rd quarter worth $337,000. Vanguard Group Inc. bought a new position in shares of One Stop Systems in the 3rd quarter worth $337,000. Finally, Wasatch Advisors Inc. raised its position in shares of One Stop Systems by 2.8% in the 3rd quarter. Wasatch Advisors Inc. now owns 721,448 shares of the company’s stock worth $2,684,000 after acquiring an additional 19,419 shares in the last quarter. Institutional investors and hedge funds own 15.73% of the company’s stock.
About One Stop Systems
One Stop Systems, Inc designs, manufactures, and markets industrial grade computer systems and components that are based on industry standard computer architectures worldwide. The company offers custom built servers; graphical processing unit compute accelerators; flash arrays; peripheral component interconnect expansion products and adaptors; storage management software; and infrastructure as a service solutions.
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