One Stop Systems (NASDAQ:OSS) announced its quarterly earnings results on Thursday, November 7th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01, Fidelity Earnings reports. The business had revenue of $14.94 million for the quarter, compared to analyst estimates of $14.70 million. One Stop Systems had a positive return on equity of 4.78% and a negative net margin of 3.90%.
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OSS stock traded down $0.03 during midday trading on Friday, hitting $2.34. The company’s stock had a trading volume of 4,700 shares, compared to its average volume of 38,307. The company has a current ratio of 2.35, a quick ratio of 1.13 and a debt-to-equity ratio of 0.02. One Stop Systems has a 12 month low of $1.35 and a 12 month high of $3.90. The firm’s 50-day moving average is $2.59 and its 200-day moving average is $2.15. The company has a market cap of $38.16 million, a PE ratio of 39.00 and a beta of 2.25.
OSS has been the subject of a number of research analyst reports. ValuEngine raised One Stop Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, September 4th. Benchmark initiated coverage on One Stop Systems in a research report on Tuesday, August 6th. They issued a “buy” rating and a $3.50 target price for the company. Zacks Investment Research raised One Stop Systems from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a research report on Thursday. Noble Financial reissued a “buy” rating and issued a $4.00 target price on shares of One Stop Systems in a research report on Tuesday, November 12th. Finally, TheStreet raised One Stop Systems from a “d+” rating to a “c” rating in a report on Monday, September 30th. Five equities research analysts have rated the stock with a buy rating, One Stop Systems presently has an average rating of “Buy” and a consensus target price of $3.42.
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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