One Stop Systems (NASDAQ:OSS) Upgraded at Lake Street Capital

Lake Street Capital upgraded shares of One Stop Systems (NASDAQ:OSS) from a hold rating to a strong-buy rating in a research note published on Wednesday,Zacks.com reports.

One Stop Systems Stock Performance

NASDAQ OSS opened at $2.74 on Wednesday. The firm has a market cap of $57.86 million, a PE ratio of -5.48 and a beta of 1.18. One Stop Systems has a one year low of $1.82 and a one year high of $4.88. The firm’s fifty day moving average is $3.45 and its two-hundred day moving average is $2.86.

One Stop Systems (NASDAQ:OSS) last posted its quarterly earnings data on Wednesday, March 19th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.11). The business had revenue of $2.38 million during the quarter, compared to analyst estimates 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 in the prior year, the firm posted $0.01 earnings per share. Research analysts predict that One Stop Systems will post -0.52 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC increased its stake in shares of One Stop Systems by 4.5% during the fourth quarter. Renaissance Technologies LLC now owns 69,900 shares of the company’s stock worth $234,000 after acquiring an additional 3,000 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of One Stop Systems by 22.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 27,355 shares of the company’s stock worth $92,000 after acquiring an additional 5,098 shares during the period. Geode Capital Management LLC increased its stake in shares of One Stop Systems by 4.5% during 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. Wolverine Trading LLC acquired a new position in shares of One Stop Systems during the fourth quarter worth about $37,000. Finally, XTX Topco Ltd acquired a new position in shares of One Stop Systems during the fourth quarter worth about $36,000. 32.67% of the stock is currently owned by institutional investors and hedge funds.

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.