One Stop Systems, Inc. (NASDAQ:OSS - Get Free Report) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 102,500 shares, a decline of 25.0% from the April 30th total of 136,700 shares. Based on an average daily trading volume, of 127,500 shares, the short-interest ratio is currently 0.8 days. Currently, 0.6% of the company's stock are sold short.
Analysts Set New Price Targets
Separately, Lake Street Capital upgraded One Stop Systems from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 19th.
Check Out Our Latest Stock Report on One Stop Systems
Institutional Trading of One Stop Systems
A number of large investors have recently modified their holdings of the company. Bard Associates Inc. boosted its stake 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 purchasing an additional 25,186 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of One Stop Systems in the fourth quarter valued at about $72,000. Diametric Capital LP purchased a new stake in One Stop Systems in the 4th quarter valued at $63,000. Geode Capital Management LLC grew its position in 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 acquiring an additional 8,263 shares during the period. Finally, Renaissance Technologies LLC raised its stake in shares of 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 acquiring an additional 3,000 shares during the period. Hedge funds and other institutional investors own 32.67% of the company's stock.
One Stop Systems Trading Up 17.1%
OSS traded up $0.47 during trading on Wednesday, reaching $3.24. The stock had a trading volume of 184,294 shares, compared to its average volume of 133,237. The stock's 50 day moving average is $2.38 and its two-hundred day moving average is $2.88. One Stop Systems has a one year low of $1.82 and a one year high of $4.88. The company has a market capitalization of $70.03 million, a price-to-earnings ratio of -6.41 and a beta of 1.14.
One Stop Systems (NASDAQ:OSS - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 20.45% and a negative return on equity of 29.71%. During the same quarter last year, the firm posted $0.01 EPS. On average, equities research analysts predict that One Stop Systems will post -0.52 earnings per share for the current year.
About One Stop Systems
(
Get Free Report)
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.
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