SilverSun Technologies (SSNT) Given “Outperform” Rating at Westpark Capital

SilverSun Technologies (NASDAQ:SSNT)‘s stock had its “outperform” rating reiterated by Westpark Capital in a research report issued on Wednesday, January 10th.

SilverSun Technologies (NASDAQ:SSNT) opened at $3.82 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.06. SilverSun Technologies has a 1 year low of $3.00 and a 1 year high of $5.22. The stock has a market capitalization of $17.69, a P/E ratio of 27.86 and a beta of 0.13.

SilverSun Technologies (NASDAQ:SSNT) last posted its quarterly earnings results on Monday, November 13th. The company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $9.59 million for the quarter. SilverSun Technologies had a return on equity of 12.68% and a net margin of 1.91%. analysts predict that SilverSun Technologies will post 0.18 earnings per share for the current year.

In other news, major shareholder Jeffrey D. Roth sold 215,000 shares of SilverSun Technologies stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $2.95, for a total value of $634,250.00. The sale was disclosed in a document filed with the SEC, which is available through this link. 47.08% of the stock is currently owned by company insiders.

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About SilverSun Technologies

SilverSun Technologies, Inc is a business application, technology and consulting company. The Company is engaged in providing strategies and solutions to meet information, technology and business management needs. Its services and technologies enable customers to manage, protect and monetize their enterprise assets in the cloud.

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