One Stop Systems, Inc. (NASDAQ:OSS - Get Free Report)'s stock price traded up 6.9% on Friday . The company traded as high as $3.10 and last traded at $3.10. 234,136 shares changed hands during mid-day trading, an increase of 152% from the average session volume of 92,921 shares. The stock had previously closed at $2.90.
Analysts Set New Price Targets
Separately, Alliance Global Partners upgraded One Stop Systems from a "neutral" rating to a "buy" rating and boosted their target price for the company from $3.25 to $4.50 in a research note on Wednesday, November 6th.
Check Out Our Latest Stock Report on OSS
One Stop Systems Stock Performance
The stock has a market capitalization of $65.46 million, a P/E ratio of -6.20 and a beta of 1.30. The firm has a 50-day moving average price of $2.45 and a 200 day moving average price of $2.34.
Hedge Funds Weigh In On One Stop Systems
A number of large investors have recently bought and sold shares of OSS. Legato Capital Management LLC bought a new position in shares of One Stop Systems during the second quarter valued at about $35,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of One Stop Systems during the second quarter valued at approximately $61,000. Vontobel Holding Ltd. raised its holdings in shares of One Stop Systems by 120.0% during the third quarter. Vontobel Holding Ltd. now owns 33,000 shares of the company's stock valued at $79,000 after acquiring an additional 18,000 shares in the last quarter. Renaissance Technologies LLC lifted its stake in One Stop Systems by 15.7% in the second quarter. Renaissance Technologies LLC now owns 61,200 shares of the company's stock worth $147,000 after acquiring an additional 8,300 shares during the period. Finally, Essex Investment Management Co. LLC boosted its holdings in One Stop Systems by 24.3% in the third quarter. Essex Investment Management Co. LLC now owns 82,311 shares of the company's stock valued at $197,000 after acquiring an additional 16,093 shares in the last quarter. 32.67% of the stock is owned by hedge funds and other institutional investors.
One Stop Systems Company Profile
(
Get Free Report)
One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high-speed switch fabrics, and flash storage technologies.
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