On 5/28/24, SilverSun Technologies Inc (NASDAQ: SSNT) stock enjoyed a major increase of 10.8%, closing at $17.72. Moreover, trading volume in this advance was exceptionally high at 409% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 15.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, SSNT 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 97, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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