System1 Group (LON:SYS1) Stock Passes Below 50 Day Moving Average of $744.46

System1 Group PLC (LON:SYS1) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 744.46 ($9.83) and traded as low as GBX 676 ($8.93). System1 Group shares last traded at GBX 707 ($9.34), with a volume of 12,080 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised their price target on System1 Group from GBX 615 ($8.12) to GBX 630 ($8.32) and gave the stock a “buy” rating in a report on Wednesday, July 3rd.

System1 Group Stock Performance

The company has a quick ratio of 1.90, a current ratio of 2.03 and a debt-to-equity ratio of 3.27. The stock has a fifty day moving average price of GBX 744.46 and a 200-day moving average price of GBX 564.62. The firm has a market cap of £87.56 million, a price-to-earnings ratio of 4,312.50 and a beta of 1.46.

System1 Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 18th. Shareholders of record on Thursday, September 26th will be given a dividend of GBX 5 ($0.07) per share. The ex-dividend date is Thursday, September 26th. This represents a yield of 0.96%. This is an increase from System1 Group’s previous dividend of $1.10. System1 Group’s dividend payout ratio is presently 3,125.00%.

About System1 Group

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.