Shares of Silver Spike Investment Corp. (NASDAQ:SSIC – Get Free Report) rose 0.4% on Monday . The company traded as high as $10.05 and last traded at $10.04. Approximately 15,824 shares were traded during trading, an increase of 44% from the average daily volume of 11,019 shares. The stock had previously closed at $10.00.
Silver Spike Investment Trading Up 0.4%
The stock has a 50 day moving average of $10.34 and a 200-day moving average of $10.52. The company has a market capitalization of $62.40 million, a P/E ratio of 11.54 and a beta of 0.28.
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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