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How to Buy Silversun Technologies Stock

Silversun Technologies Inc

SilverSun Technologies, Inc. operates as a business application, technology, and consulting company in the United States.

Silversun Technologies stock last closed at $14.21, down 0.7% from the previous day, and has increased 353.99% in one year. It has overperformed other stocks in the Software - Application industry by 3.33 percentage points. Silversun Technologies stock is currently +381.69% from its 52-week low of $2.95, and -42.09% from its 52-week high of $24.54.

As of May 1, 2024, there are 5.32M shares of SSNT outstanding. The market value of SSNT is $75.53M. In the last 24 hours, 13,716 SSNT shares were traded.

How to Buy Silversun Technologies Stock

Wondering how to invest in Silversun Technologies stock? Here's how.
  1. Choose where to buy Silversun Technologies stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Silversun Technologies stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Pick your method of payment and add your details.
  4. Analyze Silversun Technologies stock: The Silversun Technologies ticker symbol is SSNT. Is Silversun Technologies stock a good investment? Should you buy shares of SSNT? How do SSNT's underlying business fundamentals look? Do top analysts think Silversun Technologies is a good buy? Why has SSNT's stock price moved recently? (Hint: Our stock research tools can help you evaluate if SSNT is a good stock to buy).
  5. Execute your SSNT purchase: Decide if you will purchase SSNT shares at the current market price or use a limit order to buy SSNT shares at a particular price.
  6. Get notifications regarding your investment in SSNT: Create a watchlist to monitor your position in Silversun Technologies stock.

Step 1: Choose where to buy Silversun Technologies stock

You need a brokerage account in order to access the NASDAQ market and buy SSNT stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal details so you can buy SSNT today.

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Step 3: Put funds into your investment account

Now that you've filled out your info on the best stock app to use, you need to deposit funds:

Watch the video below if you need help depositing funds into your brokerage account.

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Step 4: Analyze Silversun Technologies stock

Once you have selected the best place to buy Silversun Technologies stock, it's absolutely critical to research their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.

Silversun Technologies stock at a glance

SSNT Price
$14.21
1w %
9.98%
1y %
353.99%
5y %
418.8%
P/E
-71.05x
P/B
10.11x
P/S
1.37x
PEG
N/A
Revenue
$54.52M
Earnings
-$1.07M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$75.53M
Next Earnings
May 7, 2024
Next Dividend
N/A

Fundamentals of SSNT

WallStreetZen was created to help average investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on SSNT's stock page.

Is SSNT stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge SSNT's true value.

Using relative valuations methods:

  • SSNT could be overvalued based on its P/B ratio of 10.11x, relative to Software - Application industry P/B ratio of 6.35x

You can access more valuation analysis on SSNT's stock here.

A look at SSNT Cashflows and Balance Sheet

Positive Financial Indicators:

  • SSNT's operating cash flow of $583.81k allows it to safely service it's debt of $2.62M.
  • There are more short-term assets than short-term liabilities on the SSNT balance sheet.
  • There are more short-term assets than long-term liabilities on the SSNT balance sheet.

Negative Financial Indicators:

  • SSNT earnings of -$1.31M is not enough to cover its interest payments.
  • SSNT profit margin has gone down from -0.6% to -2% in the past year.
  • Total SSNT debt is higher than 5 years ago, relative to shareholder equity.
  • SSNT has a relatively high debt to equity ratio of 1.74.

Metrics for Advanced SSNT Traders

SMA10
13.77
SMA20
13.58
SMA50
14.04
SMA100
13.82
SMA200
8.75
MACD
0.15
MACD Signal
0.03
MACD Histogram
0.13
RSI
53.16
Stochastic %K
50.61
Stochastic %D
47.8
StochRSI %K
55.32
StochRSI %D
54.46

How is SSNT performing as a company?

Last year, SSNT revenue was $54.52M. During the past 5 year, SSNT's revenue has increased by 8.59% per year. This was slower than the Software - Application industry average of 26.27%.

Dig into SSNT's earnings and revenue performance here.

What are SSNT executives and large shareholders up to?

In the past 12 months, executives and large shareholders at SSNT have sold more shares than they have bought.

Mark Meller, Chief Executive Officer of SSNT, was the latest SSNT insider to sell. They sold $33,312.10 worth of SSNT stock on Mar 26, 2024.

Dig into more about who owns SSNT stock here.

Can I get consistent income from SSNT stock?

Silversun Technologies pays a dividend of 1.41%, compared to the Software - Application industry's average dividend yield of 2.35%. If you owned $1,000 worth of SSNT stock, you would have received $14.07 in the past year.

Get more data about Silversun Technologies dividend yield and history here.

What others are saying about SSNT

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Step 5: Execute your SSNT purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price, use a limit order.

Press the Open Trade button and your broker will place the order.

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Step 6: Get notifications regarding your investment in SSNT

Now that you own some SSNT shares, you'll want to keep up with your shares.

Start a watchlist to track your SSNT stock.

SSNT Feed

How to Buy Stock in Silversun Technologies

To reiterate, here are the 6 steps to buy Silversun Technologies stock:

  1. Choose where to buy Silversun Technologies stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Analyze Silversun Technologies stock
  5. Execute your SSNT purchase
  6. Get notifications regarding your investment in SSNT

If you are looking for a place to buy stocks, eToro is our favorite option.

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If you want to get the latest scoop on your new investment in Silversun Technologies, get started below.

NASDAQ: SSNT
$14.21-0.10 (-0.7%)
Updated May 1, 2024
Open eToro Account
NASDAQ: SSNT
$14.21-0.10 (-0.7%)
Updated May 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Silversun Technologies share?

As of May 1, 2024, it costs $14.21 to buy one share of Silversun Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.493 shares of SSNT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Silversun Technologies stock?

One way to place an order for Silversun Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.