Silver Spike Investment Corp. (NASDAQ:SSIC – Get Free Report)’s share price dropped 1.2% during mid-day trading on Tuesday . The company traded as low as $9.50 and last traded at $9.50. Approximately 91,251 shares changed hands during mid-day trading, an increase of 728% from the average daily volume of 11,019 shares. The stock had previously closed at $9.62.
Silver Spike Investment Trading Up 0.3%
The firm’s fifty day moving average is $10.10 and its 200 day moving average is $10.39. The company has a market cap of $58.05 million, a PE ratio of 10.74 and a beta of 0.28.
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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