Monday, February 22, 2021
One Stop Systems Inc. (OSS)
Moving to Market Perform on Price Appreciation
One Stop Systems Inc is US-based company which is principally engaged in designing, manufacturing, marketing high-end systems for high performance computing (HPC) applications. The company offers custom servers, compute accelerators, solid-state storage arrays and system expansion systems. The product line of the company includes GPU Appliances, GPU Expansion, GPUs and co-processors, Flash storage arrays, Flash storage expansion, Servers, Disk Arrays, Desktop computing appliances, accessories and parts. The company delivers high-end technology to customers through the sale of equipment and software for use on their premises or through remote cloud access to secure data centres housing technology.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Market Perform. We are moving to a Market Perform on OSS from a previous Outperform rating and removing our $6 price target. Following a strong run up in the stock price in 4Q20, we raised our target price to $6 from $4 on January 8th. While we continue to be big believers in the One Stop story and the vast potential of its position within the High Performance Computing and AI spaces, it appears to us the stock has gotten ahead of itself.
A Rocket Ship. Just for background, OSS shares began trading October 1st at $2.10 and hit the $3 level on December 11th. On the majority of these days, ADV traded less than 200,000 shares. OSS shares hit $4, then $5 on December 20th. Since the beginning of February, the shares climbed from $3.80 to Friday’s closing price of $8.28. And, in the 14 trading days in February, ADV was over one million …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.