Shares of System1, Inc. (NYSE:SST - Get Free Report) traded down 2.3% on Wednesday . The stock traded as low as $0.57 and last traded at $0.57. 88,999 shares were traded during mid-day trading, a decline of 88% from the average session volume of 733,214 shares. The stock had previously closed at $0.58.
System1 Stock Performance
The company has a 50-day simple moving average of $0.73 and a two-hundred day simple moving average of $0.97. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 2.52. The firm has a market cap of $48.71 million, a PE ratio of -0.44 and a beta of 1.35.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of SST. JPMorgan Chase & Co. boosted its position in System1 by 215.7% in the third quarter. JPMorgan Chase & Co. now owns 33,993 shares of the company's stock worth $38,000 after purchasing an additional 23,225 shares during the last quarter. Barclays PLC boosted its position in System1 by 56.1% in the third quarter. Barclays PLC now owns 38,866 shares of the company's stock worth $44,000 after purchasing an additional 13,969 shares during the last quarter. Prudential Financial Inc. purchased a new position in System1 in the fourth quarter worth $45,000. Jane Street Group LLC boosted its position in System1 by 74.3% in the third quarter. Jane Street Group LLC now owns 103,589 shares of the company's stock worth $116,000 after purchasing an additional 44,147 shares during the last quarter. Finally, Deutsche Bank AG boosted its position in System1 by 383.2% in the fourth quarter. Deutsche Bank AG now owns 146,110 shares of the company's stock worth $131,000 after purchasing an additional 115,870 shares during the last quarter. Hedge funds and other institutional investors own 87.50% of the company's stock.
About System1
(
Get Free Report)
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.
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