Silver Spike Investment Corp. (NASDAQ:SSIC – Get Free Report)’s stock price fell 0.8% during mid-day trading on Monday . The company traded as low as $9.9250 and last traded at $9.98. Approximately 60,102 shares changed hands during mid-day trading, an increase of 445% from the average session volume of 11,019 shares. The stock had previously closed at $10.0574.
Silver Spike Investment Trading Down 0.8%
The company has a market capitalization of $62.03 million, a price-to-earnings ratio of 11.47 and a beta of 0.28. The company’s 50 day simple moving average is $9.73 and its 200-day simple moving average is $10.03.
Silver Spike Investment Company Profile
Silver Spike Investment Corporation is a blank check company incorporated in Delaware. Its units trade on the Nasdaq Capital Market under the ticker symbol SSIC. As a special purpose acquisition company (SPAC), Silver Spike Investment does not engage in commercial operations of its own.
The company’s primary focus is to identify and acquire one or more businesses or assets through mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations.
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