On 4/18/24, SilverSun Technologies Inc (NASDAQ: SSNT) stock suffered a major decline of -11.5%, closing at $13.80. However, trading volume in this decline was normal at 83% of normal. The stock has risen 9.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SSNT’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
SilverSun Technologies has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. SilverSun Technologies has a very low Appreciation Score of 2 but a very high Power Rating of 98, leading to the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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