System1’s (SST) “Buy” Rating Reiterated at Benchmark

System1 (NYSE:SST)‘s stock had its “buy” rating reiterated by stock analysts at Benchmark in a research report issued to clients and investors on Tuesday,Benzinga reports. They currently have a $5.00 target price on the stock.

System1 Trading Up 4.5 %

Shares of System1 stock traded up $0.02 during midday trading on Tuesday, reaching $0.52. The company had a trading volume of 30,531 shares, compared to its average volume of 622,658. The stock has a fifty day moving average price of $0.68 and a 200 day moving average price of $0.93. System1 has a fifty-two week low of $0.42 and a fifty-two week high of $2.73. The firm has a market cap of $47.33 million, a PE ratio of -0.43 and a beta of 1.38. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.36 and a quick ratio of 1.36.

System1 (NYSE:SST) last issued its quarterly earnings results on Monday, March 10th. The company reported ($0.19) earnings per share (EPS) for the quarter. System1 had a negative return on equity of 68.85% and a negative net margin of 24.18%. The firm had revenue of $75.60 million during the quarter.

Institutional Trading of System1

A number of large investors have recently bought and sold shares of the business. Barclays PLC lifted its stake in shares of System1 by 56.1% in the 3rd quarter. Barclays PLC now owns 38,866 shares of the company’s stock valued at $44,000 after purchasing an additional 13,969 shares during the period. Geode Capital Management LLC increased its holdings in System1 by 3.6% in the third quarter. Geode Capital Management LLC now owns 473,732 shares of the company’s stock worth $531,000 after purchasing an additional 16,504 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in System1 by 215.7% in the third quarter. JPMorgan Chase & Co. now owns 33,993 shares of the company’s stock valued at $38,000 after buying an additional 23,225 shares during the period. Jane Street Group LLC boosted its holdings in shares of System1 by 74.3% during the 3rd quarter. Jane Street Group LLC now owns 103,589 shares of the company’s stock worth $116,000 after buying an additional 44,147 shares in the last quarter. Finally, Prudential Financial Inc. acquired a new stake in shares of System1 during the 4th quarter worth approximately $45,000. 87.50% of the stock is currently owned by institutional investors and hedge funds.

System1 Company Profile

System1, Inc provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States, the United Kingdom, Canada, the Netherlands, and internationally. It operates through two segments: Owned and Operated Advertising, and Partner Network.