Stock Traders Buy High Volume of One Stop Systems Call Options (NASDAQ:OSS)

by · The Markets Daily

One Stop Systems, Inc. (NASDAQ:OSS – Get Free Report) saw unusually large options trading activity on Friday. Traders bought 5,456 call options on the stock. This is an increase of 736% compared to the average daily volume of 653 call options.

One Stop Systems Price Performance

OSS stock traded down $0.11 during mid-day trading on Friday, reaching $7.12. The company had a trading volume of 177,159 shares, compared to its average volume of 449,584. The firm has a 50 day moving average of $5.87 and a 200 day moving average of $5.46. One Stop Systems has a 12 month low of $1.85 and a 12 month high of $7.92. The company has a market capitalization of $174.51 million, a PE ratio of -22.25 and a beta of 1.09.

One Stop Systems (NASDAQ:OSS – Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The company had revenue of $18.76 million for the quarter, compared to analysts’ expectations of $16.24 million. One Stop Systems had a negative return on equity of 26.14% and a negative net margin of 11.47%. Analysts anticipate that One Stop Systems will post -0.52 EPS for the current year.

Institutional Trading of One Stop Systems

A number of hedge funds have recently added to or reduced their stakes in OSS. Vanguard Group Inc. increased its position in One Stop Systems by 17.4% during the 3rd quarter. Vanguard Group Inc. now owns 872,700 shares of the company’s stock valued at $4,678,000 after purchasing an additional 129,479 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in One Stop Systems during the third quarter valued at approximately $2,959,000. Marshall Wace LLP increased its holdings in One Stop Systems by 1,130.1% during the second quarter. Marshall Wace LLP now owns 476,393 shares of the company’s stock valued at $1,691,000 after buying an additional 437,664 shares during the period. Polar Asset Management Partners Inc. bought a new position in One Stop Systems in the third quarter worth approximately $1,566,000. Finally, Jane Street Group LLC lifted its holdings in One Stop Systems by 753.2% during the second quarter. Jane Street Group LLC now owns 268,182 shares of the company’s stock worth $952,000 after buying an additional 236,750 shares during the period. 32.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on OSS. Industrial Alliance Securities set a $8.50 target price on shares of One Stop Systems in a research note on Wednesday, November 5th. Alliance Global Partners reissued a “buy” rating on shares of One Stop Systems in a research note on Wednesday, November 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of One Stop Systems in a research note on Wednesday, October 8th. Finally, Roth Capital increased their price target on One Stop Systems from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $7.50.

Check Out Our Latest Stock Analysis on One Stop Systems

About One Stop Systems

(Get Free Report)

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.

Read More