The stock of System1 Inc (SST) has gone down by -14.35% for the week, with a 55.65% rise in the past month and a 0.56% rise in the past quarter. The volatility ratio for the week is 8.56%, and the volatility levels for the past 30 days are 18.17% for SST. The simple moving average for the past 20 days is -11.84% for SST’s stock, with a -1.91% simple moving average for the past 200 days.
Is It Worth Investing in System1 Inc (NYSE: SST) Right Now?
Moreover, the 36-month beta value for SST is 1.36. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SST is 68.42M and currently, short sellers hold a 1.77% of that float. On April 26, 2024, SST’s average trading volume was 480.73K shares.
SST) stock’s latest price update
System1 Inc (NYSE: SST) has experienced a decline in its stock price by -8.21 compared to its previous closing price of 1.95. However, the company has seen a fall of -14.35% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-18 that System1, Inc. (SST) Q4 2023 Earnings Call Transcript
Analysts’ Opinion of SST
Many brokerage firms have already submitted their reports for SST stocks, with BofA Securities repeating the rating for SST by listing it as a “Underperform.” The predicted price for SST in the upcoming period, according to BofA Securities is $4 based on the research report published on November 08, 2022 of the previous year 2022.
BofA Securities, on the other hand, stated in their research note that they expect to see SST reach a price target of $12. The rating they have provided for SST stocks is “Buy” according to the report published on July 11th, 2022.
Evercore ISI gave a rating of “In-line” to SST, setting the target price at $14 in the report published on April 26th of the previous year.
SST Trading at -0.35% from the 50-Day Moving Average
After a stumble in the market that brought SST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.17% of loss for the given period.
Volatility was left at 18.17%, however, over the last 30 days, the volatility rate increased by 8.56%, as shares surge +44.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.56% upper at present.
During the last 5 trading sessions, SST fell by -14.35%, which changed the moving average for the period of 200-days by -56.34% in comparison to the 20-day moving average, which settled at $2.0580. In addition, System1 Inc saw -19.37% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SST starting from Blend Stanley, who purchase 245 shares at the price of $1.42 back on Mar 19 ’24. After this action, Blend Stanley now owns 6,625,215 shares of System1 Inc, valued at $348 using the latest closing price.
Blend Stanley, the 10% Owner of System1 Inc, purchase 11,368 shares at $1.42 during a trade that took place back on Mar 15 ’24, which means that Blend Stanley is holding 6,624,970 shares at $16,143 based on the most recent closing price.
Stock Fundamentals for SST
Current profitability levels for the company are sitting at:
- -0.23 for the present operating margin
- 0.26 for the gross margin
The net margin for System1 Inc stands at -0.47. The total capital return value is set at -0.22. Equity return is now at value -41.15, with -12.10 for asset returns.
Based on System1 Inc (SST), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 2.6. The interest coverage ratio of the stock is -2.32.
Currently, EBITDA for the company is -7.59 million with net debt to EBITDA at -26.53. When we switch over and look at the enterprise to sales, we see a ratio of 0.75. The receivables turnover for the company is 8.9for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.34.
Conclusion
To wrap up, the performance of System1 Inc (SST) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
