Alert: Major Price Advance (12/4/23)-SilverSun Technologies Inc (NASDAQ: SSNT).


SilverSun Technologies Inc (NASDAQ: SSNT) stock enjoyed a major increase of 240.3% on 12/4/23. The shares closed at $12.49. Moreover, this advance was accompanied by exceptionally high trading volume at 4827% of normal. The stock has risen 244.1% 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 below the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.

SilverSun Technologies has a current Value Trend Rating of C (Low 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 10 but a good Power Rating of 80, and the Low Neutral Value Trend Rating results.

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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