On Monday, shares of SilverSun Technologies, Inc. (NASDAQ:SSNT) marked $3.27 per share versus a previous $2.81 closing price. With having a 16.37% gain, an insight into the fundamental values of SilverSun Technologies, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. SSNT showed a fall of -15.81% within its YTD performance, with highs and lows between $1.62 – $13.42 during the period of 52 weeks, compared to the simple moving average of 25.31% in the period of the last 200 days.
[bold-text]SilverSun Technologies, Inc. (SSNT) Analysis[/bold-text]
The present dividend yield for SSNT owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording 6.60%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of SilverSun Technologies, Inc. (SSNT) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 67.40% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.60 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while SSNT is currently recording an average of 769.31K in volumes. The volatility of the stock on monthly basis is set at 12.48%, while the weekly volatility levels are marked at 17.51%with 16.79% of gain in the last seven days.
[bold-text]What to Look for When Analyzing SilverSun Technologies, Inc. Shares?[/bold-text]
SilverSun Technologies, Inc. (SSNT) is based in the USA and it represents one of the well-known company operating with Technology sector. If you wish to compare SSNT shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for SilverSun Technologies, Inc., while the value can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -0.25 is supported by the yearly EPS growth of -656.30%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 10.80%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 17.70% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in SSNT Shares?[/bold-text]
It appears that more than several institutional investors and hedge funds decided to increase stakes in SSNT in the recent period. That is how Poplar Point Capital Management L now has an increase position in SSNT by 0.00% in the first quarter, owning 283633 shares of SSNT stocks, with the value of $751627 after the purchase of an additional 0 shares during the last quarter. In the meanwhile, Bard Associates, Inc. also increased their stake in SSNT shares changed 5.70% in the first quarter, which means that the company now owns 250296 shares of company, all valued at $663284 after the acquisition of additional 13,500 shares during the last quarter.
Alan W. Weber acquired a new position in SilverSun Technologies, Inc. during the first quarter, with the value of $502464, and Perritt Capital Management, Inc. increased their stake in the company’s shares by 0.00% in the first quarter, now owning 0 shares valued at $92220 after the acquisition of the additional 34800 shares during the last quarter. In the end, Geode Capital Management LLC increased their position by 0.00% during the first quarter, now owning 17056 SSNT shares, now holding the value of $45198 in SSNT with the purchase of the additional 0 shares during the period of the last quarter. At the present, 17.70% of SSNT shares are in the ownership of institutional investors.