OSS Stock Summary and Trading Ideas (One Stop Systems | NASDAQ:OSS)

One Stop Systems Inc designs, manufactures, and markets specialized rugged high-performance compute ("HPC"), high-speed switch fabrics, and storage systems, which are designed to target edge applications for artificial intelligence ("AI") / machine learning ("ML"), sensor processing, sensor fusion, and autonomy. The company operates in two reportable segments; OSS designs and manufactures high-performance customized computers and flash arrays, in-flight entertainment & connectivity. Bressner operates as a system integrator with standard and custom all-in-one hardware systems and components for many kinds of industrial environments. The company generates the majority of its revenue from the Bresssner segment.

One Stop Systems trades on the NASDAQ stock market under the symbol OSS.

As of April 23, 2024, OSS stock price declined to $2.78 with 22,483 million shares trading.

OSS has a beta of 1.38, meaning it tends to be more sensitive to market movements. OSS has a correlation of 0.05 to the broad based SPY ETF.

OSS has a market cap of $58.03 million. This is considered a Micro Cap stock.

Last quarter One Stop Systems reported $13 million in Revenue and $.01 earnings per share. This beat revenue expectation by $145,000 and exceeded earnings estimates by $.05.

In the last 3 years, OSS stock traded as high as $6.66 and as low as $1.56.

The top ETF exchange traded funds that OSS belongs to (by Net Assets): VTI, VXF, IWC, DFAU.

OSS has underperformed the market in the last year with a price return of +14.6% while the SPY ETF gained +24.3%. However, in the short term, OSS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +45.5% vs +4.9% return in SPY. But in the last 2 weeks, OSS shares have been beat by the market, returning -18.5% compared to an SPY return of -2.5%.

OSS support price is $2.62 and resistance is $2.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OSS stock will trade within this expected range on the day.