System1, Inc. (NYSE:SST) Sees Large Growth in Short Interest

System1, Inc. (NYSE:SST) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 373,269 shares, a growth of 90.6% from the August 31st total of 195,844 shares. Approximately 4.0% of the shares of the stock are short sold. Based on an average daily volume of 1,683,892 shares, the short-interest ratio is currently 0.2 days.

System1 Stock Performance

NYSE SST opened at $2.75 on Tuesday. System1 has a 52-week low of $1.35 and a 52-week high of $9.30. The company has a fifty day moving average of $2.50 and a 200-day moving average of $2.72. The company has a market capitalization of $28.85 million, a P/E ratio of -0.24 and a beta of 1.58. The company has a debt-to-equity ratio of 13.11, a quick ratio of 0.77 and a current ratio of 0.77.

System1 (NYSE:SST) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($1.54) earnings per share for the quarter. System1 had a negative net margin of 50.66% and a negative return on equity of 439.90%. The firm had revenue of $30.20 million for the quarter.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on SST shares. Wall Street Zen raised System1 to a “sell” rating in a report on Saturday. Weiss Ratings lowered shares of System1 from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, September 3rd. Finally, Benchmark lowered their target price on shares of System1 from $8.00 to $6.50 and set a “buy” rating on the stock in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $6.50.

System1 Company Profile

System1, Inc is a technology and digital marketing company focused on customer acquisition. The company operates a data-driven marketing platform designed to help advertisers identify, reach and convert high-intent consumers across digital channels.

Its core platform, known as the Responsive Acquisition Marketing Platform, or RAMP, uses data, predictive models and machine learning to support customer acquisition campaigns. System1 works with advertising partners and publishers to generate traffic and leads, with activities spanning search, social media, display advertising and other online marketing formats.

The company also operates and develops consumer-focused digital media properties and websites that attract users and support its advertising and subscription businesses.