SilverSun Technologies Inc (NASDAQ: SSNT) stock closed at $62.26 on 7/1/24 after a major decline of -13.2%. Trading volume in this decline was normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -28.0% 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 0 but a very high Power Rating of 98, and the Neutral Value Trend Rating results.
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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