System1 Inc (SST) Stock Records -20.12% Quarterly Movement

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The stock of System1 Inc (SST) has seen a -14.01% decrease in the past week, with a -30.77% drop in the past month, and a -20.12% decrease in the past quarter. The volatility ratio for the week is 8.50%, and the volatility levels for the past 30 days are at 8.96% for SST. The simple moving average for the past 20 days is -18.85% for SST’s stock, with a -17.75% simple moving average for the past 200 days.

Is It Worth Investing in System1 Inc (NYSE: SST) Right Now?

Company’s 36-month beta value is 1.34.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for SST is 68.90M, and currently, short sellers hold a 2.29% ratio of that floaft. The average trading volume of SST on May 24, 2024 was 504.38K shares.

SST) stock’s latest price update

System1 Inc (NYSE: SST) has experienced a decline in its stock price by -6.90 compared to its previous closing price of 1.45. However, the company has seen a fall of -14.01% in its stock price over the last five trading days. seekingalpha.com reported 2024-05-11 that System1, Inc. (NYSE:SST ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Kyle Ostgaard – Vice President, Finance Michael Blend – Co-Founder and Chief Executive Officer Tridivesh Kidambi – Chief Financial Officer Conference Call Participants Daniel Kurnos – The Benchmark Company Thomas Forte – Maxim Group Operator Hello, my name is Sarah and I will be your conference operator today. At this time.

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 -23.13% 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 -72.22% of loss for the given period.

Volatility was left at 8.96%, however, over the last 30 days, the volatility rate increased by 8.50%, as shares sank -24.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.67% lower at present.

During the last 5 trading sessions, SST fell by -14.01%, which changed the moving average for the period of 200-days by -44.21% in comparison to the 20-day moving average, which settled at $1.6415. In addition, System1 Inc saw -39.19% 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:

  • -0.24 for the present operating margin
  • 0.17 for the gross margin

The net margin for System1 Inc stands at -0.49. The total capital return value is set at -0.23. Equity return is now at value -34.13, with -10.26 for asset returns.

Based on System1 Inc (SST), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at -0.12. The debt to equity ratio resting at 2.18. The interest coverage ratio of the stock is -2.24.

Currently, EBITDA for the company is -7.59 million with net debt to EBITDA at -35.34. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 7.89for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.79.

Conclusion

In a nutshell, System1 Inc (SST) has experienced a bad performance in recent times. The stock has received mixed “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.

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