One Stop Systems Inc.’s filing revealed that its Chief Executive Officer KNOWLES MICHAEL acquired Company’s shares for reported $2034.0 on Aug 16. In the deal valued at $1.80 per share,1,130 shares were bought. As a result of this transaction, KNOWLES MICHAEL now holds 401,130 shares worth roughly $ 0.79 million.
Then, Matz Gregory W bought 2,500 shares, generating $4,425 in total proceeds. Upon buying the shares at $1.77, the Director now owns 32,930 shares.
Before that, RAUN DAVID bought 5,000 shares. One Stop Systems Inc. shares valued at $9,850 were divested by the Director at a price of $1.97 per share. As a result of the transaction, RAUN DAVID now holds 411,644 shares, worth roughly $0.81 million.
Alliance Global Partners downgraded its One Stop Systems Inc. [OSS] rating to a Neutral from a a Buy in a research note published on Friday. PT values the company’s stock at a premium of 28.73 to its Friday closing price.
Price Performance Review of OSS
On Friday, One Stop Systems Inc. [NASDAQ:OSS] saw its stock fall -1.51% to $1.96. On the same session, the stock had its day’s lowest price of $1.9297, but rose to a high of $2.04. Over the last five days, the stock has lost -4.39%. One Stop Systems Inc. shares have fallen nearly -34.88% since the year began. Nevertheless, the stocks have fallen -50.00% over the past one year. While a 52-week high of $4.00 was reached on 01/31/23, a 52-week low of $1.65 was recorded on 08/23/23. SMA at 50 days reached $2.6081, while 200 days put it at $2.8045. A total of 63265.0 shares were traded, compared to the trading of 19800.0 shares in the previous session.
Levels Of Support And Resistance For OSS Stock
The 24-hour chart illustrates a support level at 1.9131, which if violated will result in even more drops to 1.8663. On the upside, there is a resistance level at 2.0234. A further resistance level may holdings at 2.0869. The Relative Strength Index (RSI) on the 14-day chart is 39.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0799, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.59%. Stochastics %K at 45.28% indicates the stock is a holding.
How much short interest is there in One Stop Systems Inc.?
A steep rise in short interest was recorded in One Stop Systems Inc. stocks on Aug 14, 2023, growing by 12480.0 shares to a total of 81200.0 shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 68720.0 shares. There was a rise of 15.37%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 0.48% of the overall stock float, the days-to-cover ratio (short ratio) rose to 0.75.
One Stop Systems Inc. [OSS] – Who Are The Largest Shareholders?
In filings from Lynrock Lake LP, it is revealed that the company now owns 1,921,215 shares, or roughly 9.44% of the outstanding OSS shares. In other words, the investor’s shares have risen by 127,457 from its previous 13-F filing of 1793758.0. Additionally, Bard Associates, Inc. decreased -0.06% of its stake after which the total value it holdings stand at $2,992,974. At present, Essex Investment Management Co. L is holding 185,899 shares valued at $0.53 million. Russell Investment Management LLC owned 161,866 shares of the company at the time of its most recent 13F filing, worth $0.46 million.
According to FactSet, One Stop Systems Inc.’s share price will average $3.92 in the next year, based on opinions of analysts polled by the firm. This is up nearly 50.75 percent from its previous closing price of $1.99. Analysts expect One Stop Systems Inc. stock to reach the higher price of $6.00, while the lowest price estimate is $2.75. However, 4 analysts have rated OSS stock as a Hold in their predictions for 2023.