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BidaskClub downgraded Silver Spring Networks Inc (NYSE:SSNI) to Sell in a report released today.

Yesterday Silver Spring Networks Inc (NYSE:SSNI) traded 0.47% higher at $10.51. The company’s 50-day moving average is $11.19 and its 200-day moving average is $11.32. The last stock close price is down 14.44% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 292,446 shares of the stock were exchanged, up from an average trading volume of 255,953

BidaskClub has downgraded Silver Spring Networks Inc (NYSE:SSNI) to Sell in a report released on 7/8/2017.

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Silver Spring Networks Inc (NYSE:SSNI)

Silver Spring Networks Inc has a 52 week low of $9.68 and a 52 week high of $15.40 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 11 firms have reported on the stock. The consensus target price is $15.32 with 3 firms rating the stock a strong buy, 4 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Silver Spring Networks Inc (NYSE:SSNI)

Silver Spring Networks, Inc. is engaged in creating, building and deploying large-scale networks and solutions enabling the Internet of things (IoT) for critical infrastructure. The Company provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. Its networking platform enables customers to communicate with devices connected to the power grid. Its networking platform comprises hardware, such as access points and relays; its communications modules; its SilverLinkOS network operating software, and its GridScape management and security software. It offers solutions built upon SilverLink Network and Data platforms, including advanced metering, distribution automation, demand-side management, street lights and its wireless Internet protocol version 6 (IPv6) network service for the IoT, Starfish. Through its managed application services, it manages the SilverLink Control Platform and SilverLink Applications.

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