Silver Spike Investment (NASDAQ:SSIC) Shares Down 0.1% – Here’s Why

Silver Spike Investment Corp. (NASDAQ:SSICGet Free Report) shares were down 0.1% during mid-day trading on Tuesday . The stock traded as low as $10.2001 and last traded at $10.32. Approximately 14,860 shares traded hands during mid-day trading, an increase of 35% from the average session volume of 11,019 shares. The stock had previously closed at $10.33.

Silver Spike Investment Stock Performance

The stock has a market cap of $63.39 million, a price-to-earnings ratio of 11.72 and a beta of 0.28. The company has a 50 day moving average of $9.77 and a 200-day moving average of $9.76.

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.

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