Pacific Ridge Capital Partners LLC lowered its stake in shares of One Stop Systems Inc (NASDAQ:OSS) by 10.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 494,642 shares of the company’s stock after selling 56,743 shares during the quarter. Pacific Ridge Capital Partners LLC owned 3.49% of One Stop Systems worth $1,840,000 at the end of the most recent quarter.
Separately, Wasatch Advisors Inc. raised its position in One Stop Systems by 2.8% in the 3rd quarter. Wasatch Advisors Inc. now owns 721,448 shares of the company’s stock worth $2,684,000 after purchasing an additional 19,419 shares during the period. Institutional investors and hedge funds own 15.73% of the company’s stock.
Separately, Zacks Investment Research cut shares of One Stop Systems from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 15th.
OSS stock opened at $2.80 on Friday. One Stop Systems Inc has a 12-month low of $2.25 and a 12-month high of $6.25. The stock has a market capitalization of $39.72 million and a price-to-earnings ratio of 280.01.
One Stop Systems (NASDAQ:OSS) last released its quarterly earnings data on Thursday, November 8th. The company reported $0.07 earnings per share (EPS) 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 analysts’ expectations of $10.40 million. As a group, equities research analysts expect that One Stop Systems Inc will post -0.01 EPS for the current fiscal year.
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.
Further Reading: How are Outstanding Shares Different from Authorized Shares?
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