One Stop Systems Inc (NASDAQ:OSS) was the target of a large decline in short interest in July. As of July 31st, there was short interest totalling 142,700 shares, a decline of 15.9% from the June 30th total of 169,600 shares. Based on an average daily trading volume, of 195,700 shares, the short-interest ratio is presently 0.7 days. Currently, 2.2% of the shares of the company are sold short.
A number of research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of One Stop Systems from a “sell” rating to a “hold” rating in a research report on Thursday, May 23rd. Noble Financial set a $4.00 price target on shares of One Stop Systems and gave the company a “buy” rating in a research report on Friday. ValuEngine upgraded shares of One Stop Systems from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Finally, Benchmark assumed coverage on shares of One Stop Systems in a research report on Tuesday, August 6th. They set a “buy” rating and a $3.50 price target for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $3.75.
In other One Stop Systems news, CEO Steve D. Cooper acquired 15,000 shares of One Stop Systems stock in a transaction that occurred on Friday, June 7th. The stock was acquired at an average cost of $1.74 per share, for a total transaction of $26,100.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider James M. Reardon sold 64,132 shares of One Stop Systems stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $1.69, for a total transaction of $108,383.08. The disclosure for this sale can be found here. 38.00% of the stock is currently owned by insiders.
Shares of OSS traded up $0.02 during mid-day trading on Tuesday, reaching $1.67. 85,100 shares of the stock traded hands, compared to its average volume of 143,582. The business has a fifty day simple moving average of $1.77. The firm has a market cap of $23.93 million, a P/E ratio of 27.83 and a beta of 2.59. The company has a current ratio of 1.82, a quick ratio of 0.94 and a debt-to-equity ratio of 0.01. One Stop Systems has a 1 year low of $1.35 and a 1 year high of $4.35.
One Stop Systems (NASDAQ:OSS) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The firm had revenue of $14.89 million during the quarter, compared to analyst estimates of $14.30 million. One Stop Systems had a negative net margin of 2.82% and a positive return on equity of 6.28%. Equities analysts anticipate that One Stop Systems will post -0.01 EPS for the current fiscal year.
One Stop Systems Company Profile
One Stop Systems, Inc designs, manufactures, and markets industrial grade computer systems and components that are based on industry standard computer architectures worldwide. The company offers custom built servers; graphical processing unit compute accelerators; flash arrays; peripheral component interconnect expansion products and adaptors; storage management software; and infrastructure as a service solutions.
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