One Stop Systems (NASDAQ:OSS) released its quarterly earnings results on Thursday. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01, Fidelity Earnings reports. One Stop Systems had a positive return on equity of 6.39% and a negative net margin of 2.82%. The firm had revenue of $14.94 million for the quarter, compared to analyst estimates of $14.70 million.
OSS stock traded up $0.12 during midday trading on Friday, hitting $2.50. 80,300 shares of the company’s stock were exchanged, compared to its average volume of 129,933. One Stop Systems has a 12-month low of $1.35 and a 12-month high of $3.90. The stock has a market capitalization of $36.62 million, a price-to-earnings ratio of 41.67 and a beta of 2.25. The company has a current ratio of 1.84, a quick ratio of 1.13 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average price of $2.63 and a 200-day moving average price of $2.15.
In other One Stop Systems news, insider James M. Reardon sold 64,132 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $1.69, for a total transaction of $108,383.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 38.00% of the company’s stock.
Several research firms have issued reports on OSS. Benchmark began coverage on One Stop Systems in a report on Tuesday, August 6th. They set a “buy” rating and a $3.50 price objective on the stock. TheStreet upgraded One Stop Systems from a “d+” rating to a “c” rating in a report on Monday, September 30th. Noble Financial set a $4.00 price objective on One Stop Systems and gave the stock a “buy” rating in a report on Friday, August 9th. ValuEngine upgraded One Stop Systems from a “hold” rating to a “buy” rating in a report on Wednesday, September 4th. Finally, Zacks Investment Research upgraded One Stop Systems from a “sell” rating to a “hold” rating in a report on Thursday, October 17th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $3.75.
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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