System1 (NYSE:SST) Stock Price Up 2.3% – Still a Buy?

System1, Inc. (NYSE:SSTGet Free Report) shot up 2.3% during trading on Wednesday . The stock traded as high as $4.51 and last traded at $4.2150. 9,109 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 12,041 shares. The stock had previously closed at $4.12.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of System1 in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $10.00.

Get Our Latest Analysis on SST

System1 Stock Up 2.3%

The business has a 50 day moving average of $4.13 and a 200 day moving average of $5.86. The company has a debt-to-equity ratio of 6.86, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market capitalization of $42.14 million, a price-to-earnings ratio of -0.49 and a beta of 1.52.

System1 (NYSE:SSTGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported ($2.30) earnings per share for the quarter. The business had revenue of $61.56 million for the quarter. System1 had a negative return on equity of 109.87% and a negative net margin of 22.78%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in System1 stock. Citadel Advisors LLC acquired a new stake in shares of System1, Inc. (NYSE:SSTFree Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,056 shares of the company’s stock, valued at approximately $71,000. Citadel Advisors LLC owned approximately 0.10% of System1 at the end of the most recent quarter. Hedge funds and other institutional investors own 87.50% of the company’s stock.

System1 Company Profile

(Get Free Report)

System1, Inc (NYSE: SST) is a technology-driven marketing company that leverages machine learning and first-party consumer intent data to connect advertisers with potential customers. Headquartered in Venice, California, System1 focuses on developing automated, data-powered solutions to drive performance marketing across digital channels. The company’s platform captures real-time consumer insights and applies predictive analytics to optimize ad delivery and improve campaign efficiency.

The business operates through two primary segments: Consumer Acquisition and Consumer Research.

Recommended Stories

Receive News & Ratings for System1 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for System1 and related companies with MarketBeat.com's FREE daily email newsletter.