One Stop Systems, Inc. (OSS Quick QuoteOSS - Free Report) shares ended the last trading session 13.2% higher at $5.99. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.4% loss over the past four weeks.

The upswing in shares can be attributed to One Stop’s expanding customer base and continued traction with high performance edge computing applications. Growing adoption of the company’s new ExpressBox 4400 (EB4400), which has been designed and built to support challenging edge applications like autonomous trucks, is a key catalyst.

This company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of +300%. Revenues are expected to be $14.4 million, up 23.8% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For One Stop Systems, Inc., the consensus EPS estimate for the quarter has been revised 33.3% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on OSS going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank 3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>