Silver Spike Investment (NASDAQ:SSIC) Stock Price Up 0.4% – Here’s Why

Silver Spike Investment Corp. (NASDAQ:SSICGet Free Report) shares shot up 0.4% during trading on Friday . The stock traded as high as $10.5960 and last traded at $10.48. 47,447 shares were traded during trading, an increase of 331% from the average session volume of 11,019 shares. The stock had previously closed at $10.44.

Silver Spike Investment Stock Performance

The company has a fifty day simple moving average of $10.49 and a two-hundred day simple moving average of $10.51. The firm has a market capitalization of $65.13 million, a PE ratio of 12.05 and a beta of 0.28.

About Silver Spike Investment

(Get Free Report)

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.

Further Reading

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