System1 Group (LON:SYS1) Trading Up 1.7% – Here’s Why

System1 Group PLC (LON:SYS1)’s share price shot up 1.7% during mid-day trading on Tuesday . The company traded as high as GBX 600 ($7.77) and last traded at GBX 600 ($7.77). 43,832 shares were traded during trading, an increase of 155% from the average session volume of 17,167 shares. The stock had previously closed at GBX 590 ($7.64).

Analysts Set New Price Targets

Several equities research analysts have recently commented on SYS1 shares. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 840 ($10.88) price objective on shares of System1 Group in a report on Wednesday, December 4th. Canaccord Genuity Group increased their price target on shares of System1 Group from GBX 840 ($10.88) to GBX 865 ($11.20) and gave the company a “buy” rating in a research report on Tuesday, January 21st.

System1 Group Stock Performance

The company has a debt-to-equity ratio of 3.27, a current ratio of 2.03 and a quick ratio of 1.90. The company has a market cap of £76.13 million, a price-to-earnings ratio of 37.42 and a beta of 1.46. The stock has a 50-day moving average price of GBX 601.14 and a 200 day moving average price of GBX 627.88.

About System1 Group

System1 is The Creative Effectiveness Platform that quickly harnesses the power of emotion to drive profitable growth for the world’s leading brands.

Our Test Your Ad (TYA) and Test Your Innovation (TYI) solutions quickly predict the short- and long-term commercial potential of ads and ideas, giving marketers confidence that their creative concepts will delight consumers and drive profitable growth.

Complementing TYA and TYI is Test Your Brand (TYB), which measures the impact of ads and ideas on brand health.

System1 also offer Expert Guidance to help improve the effectiveness of your ads and ideas.