Silver Spike Investment Corp. (NASDAQ:SSIC – Get Free Report) shares fell 2.2% during mid-day trading on Wednesday . The stock traded as low as $9.26 and last traded at $9.27. 48,783 shares traded hands during mid-day trading, an increase of 343% from the average session volume of 11,019 shares. The stock had previously closed at $9.48.
Silver Spike Investment Trading Down 0.1%
The company has a market capitalization of $58.98 million, a price-to-earnings ratio of 10.91 and a beta of 0.28. The firm’s 50 day simple moving average is $9.75 and its 200-day simple moving average is $10.22.
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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