Zacks Investment Research upgraded shares of One Stop Systems (NASDAQ:OSS) from a strong sell rating to a hold rating in a research report released on Thursday morning.

According to Zacks, “One Stop Systems, Inc. designs and manufactures ultra-dense high-performance computing systems for learning, oil and gas exploration, financial trading, media and entertainment, defense and traditional HPC applications. One Stop Systems, Inc. is headquartered in Escondido, California. “

Shares of One Stop Systems stock traded up $0.10 during trading hours on Thursday, reaching $2.33. The company’s stock had a trading volume of 26,136 shares, compared to its average volume of 21,551. One Stop Systems has a one year low of $1.81 and a one year high of $6.25. The firm has a market capitalization of $31.91 million and a price-to-earnings ratio of 233.00.

One Stop Systems (NASDAQ:OSS) last released its quarterly earnings data on Thursday, November 8th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03. One Stop Systems had a negative net margin of 3.82% and a negative return on equity of 3.20%. The firm had revenue of $9.63 million for the quarter, compared to analyst estimates of $10.40 million. As a group, sell-side analysts forecast that One Stop Systems will post -0.01 earnings per share for the current fiscal year.

In related news, VP Jim Ison sold 30,967 shares of the firm’s stock in a transaction dated Thursday, December 13th. The shares were sold at an average price of $2.66, for a total transaction of $82,372.22. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John Ralph Reardon sold 17,500 shares of the firm’s stock in a transaction dated Monday, December 10th. The shares were sold at an average price of $2.84, for a total transaction of $49,700.00. The disclosure for this sale can be found here. Insiders have sold 53,077 shares of company stock worth $145,119 over the last three months. 43.20% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in OSS. Vanguard Group Inc bought a new position in shares of One Stop Systems during the third quarter valued at about $337,000. Vanguard Group Inc. bought a new position in shares of One Stop Systems during the third quarter valued at about $337,000. Worth Venture Partners LLC bought a new position in shares of One Stop Systems during the third quarter valued at about $279,000. Finally, Wasatch Advisors Inc. lifted its position in shares of One Stop Systems by 2.8% during the third quarter. Wasatch Advisors Inc. now owns 721,448 shares of the company’s stock valued at $2,684,000 after purchasing an additional 19,419 shares in the last quarter. 15.73% of the stock is currently owned by institutional investors.

About One Stop Systems

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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