Lake Street Capital Upgrades One Stop Systems (NASDAQ:OSS) to Strong-Buy

One Stop Systems (NASDAQ:OSS) was upgraded by stock analysts at Lake Street Capital from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

One Stop Systems Price Performance

Shares of One Stop Systems stock opened at $2.72 on Wednesday. One Stop Systems has a 1 year low of $1.82 and a 1 year high of $4.88. The firm has a market cap of $57.43 million, a PE ratio of -5.44 and a beta of 1.18. The stock has a fifty day moving average price of $3.46 and a 200-day moving average price of $2.86.

One Stop Systems (NASDAQ:OSS) last announced its earnings results 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). One Stop Systems had a negative net margin of 20.45% and a negative return on equity of 29.71%. The business had revenue of $2.38 million for the quarter, compared to analysts’ expectations of $15.00 million. During the same period in the prior year, the business earned $0.01 earnings per share. As a group, equities analysts anticipate that One Stop Systems will post -0.52 EPS for the current fiscal year.

Institutional Investors Weigh In On One Stop Systems

Several large investors have recently added to or reduced their stakes in the company. Bard Associates Inc. increased its holdings in One Stop Systems by 2.5% in the 4th quarter. Bard Associates Inc. now owns 1,044,697 shares of the company’s stock worth $3,500,000 after acquiring an additional 25,186 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of One Stop Systems by 4.5% in the fourth quarter. Geode Capital Management LLC now owns 190,217 shares of the company’s stock worth $637,000 after buying an additional 8,263 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in One Stop Systems by 4.5% in the 4th quarter. Renaissance Technologies LLC now owns 69,900 shares of the company’s stock valued at $234,000 after purchasing an additional 3,000 shares during the period. Millennium Management LLC purchased a new stake in shares of One Stop Systems in the fourth quarter worth $142,000. Finally, Two Sigma Securities LLC purchased a new stake in shares of One Stop Systems in the fourth quarter worth $109,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

About One Stop Systems

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.