System1 Group (LON:SYS1) Stock Price Down 2.3% - What's Next?

Key Points

• System1 Group's share price decreased by 2.3% to GBX 430 ($5.70) with trading volume down by 22% from its average.
• Canaccord Genuity has reissued a "buy" rating" for System1 Group, setting a target price of GBX 865 ($11.47).
• The company reported GBX 35.30 ($0.47) earnings per share for the quarter, with a net margin of 6.77% and a return on equity of 20.43%.

System1 Group PLC (LON:SYS1 - Get Free Report)'s stock price dropped 2.3% on Wednesday . The stock traded as low as GBX 425.50 ($5.65) and last traded at GBX 430 ($5.71). Approximately 18,945 shares changed hands during trading, a decline of 22% from the average daily volume of 24,175 shares. The stock had previously closed at GBX 440 ($5.84).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 865 ($11.48) price objective on shares of System1 Group in a research report on Wednesday, July 9th.

System1 Group Price Performance

The company's 50-day moving average price is GBX 426.03 and its 200-day moving average price is GBX 507.28. 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 £53.93 million, a P/E ratio of 26.51 and a beta of 1.46.

System1 Group (LON:SYS1 - Get Free Report) last issued its quarterly earnings data on Wednesday, July 9th. The company reported GBX 35.30 ($0.47) earnings per share (EPS) for the quarter. System1 Group had a net margin of 6.77% and a return on equity of 20.43%. As a group, sell-side analysts predict that System1 Group PLC will post 23.4769111 earnings per share for the current fiscal year.

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.