Silver Spike Investment Corp. (NASDAQ:SSIC – Get Free Report) shares rose 0.4% during mid-day trading on Friday . The company traded as high as $9.90 and last traded at $9.86. Approximately 20,696 shares traded hands during trading, an increase of 88% from the average daily volume of 11,019 shares. The stock had previously closed at $9.82.
Silver Spike Investment Trading Down 0.7%
The stock has a market capitalization of $60.84 million, a PE ratio of 11.25 and a beta of 0.28. The stock’s fifty day simple moving average is $9.53 and its 200-day simple moving average is $10.10.
About Silver Spike Investment
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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