Weiss Ratings Reiterates Sell (D-) Rating for One Stop Systems (NASDAQ:OSS)

Key Points

• Weiss Ratings has reiterated a Sell (D-) rating for One Stop Systems (NASDAQ:OSS), signaling ongoing concerns about the company's stock performance.
• Roth Capital recently raised its target price for the stock from $7.00 to $8.00 while maintaining a "buy" rating, reflecting some analyst optimism despite the overall negative sentiment.
• In the second quarter, institutional investors significantly increased their holdings in One Stop Systems, with Marshall Wace LLP boosting its position by a remarkable 1,130.1%.

One Stop Systems (NASDAQ:OSS - Get Free Report)'s stock had its "sell (d-)" rating restated by stock analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

Several other analysts have also recently commented on the company. Roth Capital raised their target price on One Stop Systems from $7.00 to $8.00 and gave the company a "buy" rating in a research report on Monday, October 6th. Alliance Global Partners restated a "buy" rating on shares of One Stop Systems in a research report on Monday, July 28th. Lake Street Capital set a $6.00 target price on One Stop Systems and gave the company a "buy" rating in a research report on Friday, July 11th. Finally, Wall Street Zen upgraded One Stop Systems from a "sell" rating to a "hold" rating in a research report on Saturday, August 2nd. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $6.17.

One Stop Systems Trading Up 1.6%

Shares of One Stop Systems stock opened at $5.22 on Friday. The business's 50 day simple moving average is $5.78 and its 200-day simple moving average is $4.39. The stock has a market capitalization of $114.42 million, a price-to-earnings ratio of -8.03 and a beta of 1.15. One Stop Systems has a twelve month low of $1.85 and a twelve month high of $7.20.

Hedge Funds Weigh In On One Stop Systems

Hedge funds have recently modified their holdings of the company. Marshall Wace LLP increased its position in shares of One Stop Systems by 1,130.1% during the 2nd quarter. Marshall Wace LLP now owns 476,393 shares of the company's stock valued at $1,691,000 after purchasing an additional 437,664 shares during the period. Jane Street Group LLC increased its position in shares of One Stop Systems by 753.2% during the 2nd quarter. Jane Street Group LLC now owns 268,182 shares of the company's stock valued at $952,000 after purchasing an additional 236,750 shares during the period. Geode Capital Management LLC increased its position in shares of One Stop Systems by 0.9% during the 2nd quarter. Geode Capital Management LLC now owns 199,729 shares of the company's stock valued at $709,000 after purchasing an additional 1,837 shares during the period. Walleye Capital LLC bought a new stake in shares of One Stop Systems during the 2nd quarter worth $46,000. Finally, Marex Group plc bought a new stake in shares of One Stop Systems during the 2nd quarter worth $36,000. 32.67% of the stock is currently owned by institutional investors and hedge funds.

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.

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