One Stop Systems, Inc. (NASDAQ:OSS) Given Average Recommendation of “Buy” by Brokerages

One Stop Systems, Inc. (NASDAQ:OSS) has been assigned an average recommendation of “Buy” from the five ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $10.00.

Several analysts have issued reports on the company. Weiss Ratings upgraded One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, March 23rd. Lake Street Capital upped their target price on One Stop Systems from $9.00 to $12.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Zacks Research upgraded One Stop Systems from a “hold” rating to a “strong-buy” rating in a report on Monday. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a report on Monday, January 5th. Finally, iA Financial set a $9.00 target price on One Stop Systems in a report on Monday, January 5th.

One Stop Systems Stock Down 1.1%

Shares of NASDAQ:OSS opened at $8.76 on Wednesday. The business has a fifty day moving average of $8.83 and a two-hundred day moving average of $7.58. The stock has a market cap of $216.72 million, a P/E ratio of 48.67 and a beta of 0.95. One Stop Systems has a 52-week low of $1.98 and a 52-week high of $12.75.

Hedge Funds Weigh In On One Stop Systems

Hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC purchased a new position in shares of One Stop Systems during the 4th quarter worth $29,000. Marex Group plc purchased a new position in shares of One Stop Systems during the 2nd quarter worth $36,000. FNY Investment Advisers LLC purchased a new position in shares of One Stop Systems during the 4th quarter worth $46,000. Walleye Capital LLC purchased a new position in shares of One Stop Systems during the 2nd quarter worth $46,000. Finally, DNB Asset Management AS purchased a new position in shares of One Stop Systems during the 3rd quarter worth $83,000. 32.67% of the stock is currently owned by hedge funds and other institutional investors.

About One Stop Systems

One Stop Systems, Inc (NASDAQ: OSS) develops and manufactures high-performance computing and storage systems tailored for mission-critical and harsh-environment applications. The company’s solutions are designed to deliver accelerated processing, high-throughput data handling and reliability in confined or ruggedized form factors. OSS leverages advanced cooling, power management and custom enclosures to support demanding workloads in settings where off-the-shelf hardware may fall short.

The company’s product portfolio includes GPU-accelerated servers, embedded single-board computers, high-speed RAID storage arrays and integrated system solutions.