Silver Spike Investment (NASDAQ:SSIC) Trading 0.4% Higher – What’s Next?

Silver Spike Investment Corp. (NASDAQ:SSICGet Free Report)’s stock price was up 0.4% on Friday . The stock traded as high as $10.5960 and last traded at $10.48. Approximately 47,447 shares traded hands during mid-day trading, an increase of 331% from the average daily volume of 11,019 shares. The stock had previously closed at $10.44.

Silver Spike Investment Stock Up 1.2%

The firm has a market capitalization of $65.94 million, a P/E ratio of 12.20 and a beta of 0.28. The company’s 50 day moving average is $10.49 and its 200-day moving average is $10.51.

Silver Spike Investment Company Profile

(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.

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