System1 Inc. (NYSE:SST) price on Friday, June 17, fall -1.30% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $9.11.
A look at the stock’s price movement, the close in the last trading session was $9.23, moving within a range at $8.48 and $9.4343. The PE ratio in trailing twelve months stood at 27.86. Turning to its 52-week performance, $37.10 and $7.45 were the 52-week high and 52-week low respectively. Overall, SST moved -18.59% over the past month.
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System1 Inc.’s market cap currently stands at around $868.46 million.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that SST is a 100% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend SST as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Overweight which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SST’s current price about -5.19% and -30.11% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.60, while 7-day volatility ratio is 11.19% and 8.76% in the 30-day chart. Further, System1 Inc. (SST) has a beta value of 0, and an average true range (ATR) of 0.93. Analysts have given the company’s stock an average 52-week price target of $18.33, forecast between a low of $14.00 and high of $26.00. Looking at the price targets, the low is -53.68% off current price level while to achieve the yearly target high, price needs to move -185.4%. Nonetheless, investors will most likely welcome a -64.65% jump to $15.00 which is the analysts’ median price.
In the market, a comparison of System1 Inc. (SST) and its peers suggest the former has performed considerably weaker. Data shows SST’s intraday price has changed -1.30% in last session and -7.42% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.22% and -0.13% respectively in the last trading.
If we refocus on System1 Inc. (NYSE:SST), historical trading data shows that trading volumes averaged 2.28 million over the past 3 months. The company’s latest data on shares outstanding shows there are 51.75 million shares.
The 9.80% of System1 Inc.’s shares are in the hands of company insiders while institutional holders own 33.60% of the company’s shares. Current price change has pushed the stock -8.53% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SST stock continues to rise going into the next quarter.