Shares of Silver Spike Investment Corp. (NASDAQ:SSIC – Get Free Report) were down 1.2% on Monday . The stock traded as low as $9.65 and last traded at $9.73. Approximately 48,219 shares traded hands during trading, an increase of 338% from the average session volume of 11,019 shares. The stock had previously closed at $9.85.
Silver Spike Investment Stock Performance
The stock has a market cap of $59.97 million, a price-to-earnings ratio of 11.09 and a beta of 0.28. The business’s 50 day moving average is $9.90 and its 200-day moving average is $9.93.
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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