System1 Inc (NYSE:SST) Is 12.77% Above Its 52-Week Low, But How Long Can It Continue?

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In last trading session, System1 Inc (NYSE:SST) saw 0.58 million shares changing hands with its beta currently measuring 1.41. Company’s recent per share price level of $0.94 trading at $0.1 or 11.50% at ring of the bell on the day assigns it a market valuation of $86.09M. That closing price of SST’s stock is at a discount of -221.28% from its 52-week high price of $3.02 and is indicating a premium of 12.77% from its 52-week low price of $0.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.11 million shares which gives us an average trading volume of 106.33K if we extend that period to 3-months.

For System1 Inc (SST), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.23 in the current quarter.

System1 Inc (NYSE:SST) trade information

Upright in the green during last session for gaining 11.50%, in the last five days SST remained trading in the green while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $0.94 price level, adding 12.96% to its value on the day. System1 Inc’s shares saw a change of -57.81% in year-to-date performance and have moved 7.83% in past 5-day. System1 Inc (NYSE:SST) showed a performance of -2.37% in past 30-days. Number of shares sold short was 1.6 million shares which calculate 14.57 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 14.5 to the stock, which implies a rise of 93.52% to its current value. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would drop -1389.36% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1389.36% for stock’s current value.

System1 Inc (SST) estimates and forecasts

This year revenue growth is estimated to fall -10.54% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 91.28M for the same. And 1 analysts are in estimates of company making revenue of 88.19M in the next quarter. Company posted 96.12M and 84.92M of sales in current and next quarters respectively a year earlier.

System1 Inc (NYSE:SST)’s Major holders

Insiders are in possession of 45.54% of company’s total shares while institution are holding 49.40 percent of that, with stock having share float percentage of 90.70%. Investors also watch the number of corporate investors in a company very closely, which is 49.40% institutions for System1 Inc that are currently holding shares of the company. CANNAE HOLDINGS, INC. is the top institutional holder at SST for having 27.01 million shares of worth $41.06 million. And as of 2024-06-30, it was holding 39.853 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 1.73 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.5577 of outstanding shares, having a total worth of $2.64 million.