System1 Group (LON:SYS1) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

System1 Group PLC (LON:SYS1)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 620.93 ($7.89) and traded as high as GBX 635 ($8.07). System1 Group shares last traded at GBX 635 ($8.07), with a volume of 2,187 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 840 ($10.68) price objective on shares of System1 Group in a research note on Wednesday, December 4th.

System1 Group Stock Performance

The company has a debt-to-equity ratio of 3.27, a quick ratio of 1.90 and a current ratio of 2.03. The firm’s 50 day moving average is GBX 620.93 and its 200-day moving average is GBX 652.98. The firm has a market cap of £80.58 million, a price-to-earnings ratio of 3,968.75 and a beta of 1.46.

Insider Activity at System1 Group

In other news, insider Rupert Howell bought 1,000 shares of the business’s stock in a transaction on Friday, October 25th. The stock was purchased at an average price of GBX 603 ($7.67) per share, with a total value of £6,030 ($7,665.90). Also, insider Conrad Bona bought 2,305 shares of the business’s stock in a transaction on Tuesday, October 22nd. The shares were purchased at an average cost of GBX 629 ($8.00) per share, with a total value of £14,498.45 ($18,431.80). 37.47% of the stock is owned by company insiders.

System1 Group Company Profile

System1 Group PLC, together with its subsidiaries, provides marketing and market research consultancy services in the United Kingdom. The company offers a range of tools, such as predictive marketing tool that uses the wisdom of the crowd to identify winning concepts; and ad-testing tool that identifies the emotional impact of advertising.