System1 (NYSE:SST) Trading Down 5.5% – What’s Next?

Shares of System1, Inc. (NYSE:SSTGet Free Report) dropped 5.5% during trading on Monday . The company traded as low as $2.80 and last traded at $2.90. Approximately 14,814 shares traded hands during mid-day trading, an increase of 78% from the average daily volume of 8,300 shares. The stock had previously closed at $3.07.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of System1 in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $10.00.

Check Out Our Latest Analysis on System1

System1 Stock Down 5.5%

The firm has a 50-day simple moving average of $3.85 and a 200 day simple moving average of $5.23. The stock has a market capitalization of $29 million, a P/E ratio of -0.34 and a beta of 1.56. The company has a debt-to-equity ratio of 6.86, a current ratio of 1.14 and a quick ratio of 1.14.

Institutional Investors Weigh In On System1

A hedge fund recently bought a new stake in System1 stock. Citadel Advisors LLC acquired a new stake in System1, Inc. (NYSE:SSTFree Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,056 shares of the company’s stock, valued at approximately $71,000. Citadel Advisors LLC owned 0.10% of System1 as of its most recent SEC filing. 87.50% of the stock is owned by institutional investors and hedge funds.

About System1

(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.

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