Alert: Major Price Advance (8/16/24)-SilverSun Technologies Inc (NASDAQ: SSNT).

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SilverSun Technologies Inc (NASDAQ: SSNT) stock enjoyed a major increase of 11.2% on 8/16/24. The shares closed at $12.62. Moreover, exceptionally high trading volume at 288% of normal accompanied the advance. The stock has risen 13.2% during the last week but has been extremely weak relative to the market over the last nine months.

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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 F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SilverSun Technologies has a very low Power Rating of 11 and a very low Appreciation Score of 2, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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