Wall Street Zen Upgrades One Stop Systems (NASDAQ:OSS) to Hold

Key Points

• One Stop Systems (NASDAQ:OSS) was upgraded from a "sell" to a "hold" rating by Wall Street Zen, reflecting a favorable shift in analyst sentiment.
• A recent report from Lake Street Capital set a target price of $6.00 for One Stop Systems while reissuing a "buy" rating.
• The company has a market cap of $106.44 million and a twelve month stock price range between $1.82 and $6.40.

One Stop Systems (NASDAQ:OSS - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

Several other brokerages have also recently issued reports on OSS. Alliance Global Partners reissued a "buy" rating on shares of One Stop Systems in a report on Monday, July 28th. Lake Street Capital set a $6.00 target price on shares of One Stop Systems and gave the stock a "buy" rating in a research note on Friday, July 11th.

One Stop Systems Price Performance

Shares of NASDAQ:OSS traded up $0.17 during trading on Friday, reaching $5.10. 194,818 shares of the company were exchanged, compared to its average volume of 303,480. The firm has a market capitalization of $110.11 million, a PE ratio of -7.61 and a beta of 1.27. The business's fifty day simple moving average is $4.21 and its 200-day simple moving average is $3.36. One Stop Systems has a 12-month low of $1.82 and a 12-month high of $6.40.

Hedge Funds Weigh In On One Stop Systems

Large investors have recently made changes to their positions in the stock. Millennium Management LLC acquired a new position in One Stop Systems during the fourth quarter valued at approximately $142,000. Two Sigma Securities LLC acquired a new stake in One Stop Systems in the fourth quarter worth about $109,000. Jane Street Group LLC acquired a new stake in One Stop Systems in the 4th quarter valued at about $43,000. XTX Topco Ltd purchased a new stake in One Stop Systems during the fourth quarter valued at about $36,000. Finally, Wolverine Trading LLC purchased a new stake in One Stop Systems during the fourth quarter valued at about $37,000. 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.