Shares of Silver Spike Investment Corp. (NASDAQ:SSIC - Get Free Report) rose 0.3% during mid-day trading on Friday . The company traded as high as $12.30 and last traded at $12.08. Approximately 4,654 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 11,019 shares. The stock had previously closed at $12.04.
Silver Spike Investment Trading Up 1.2 %
The stock has a 50-day simple moving average of $11.87 and a 200 day simple moving average of $12.02. The company has a market cap of $76.01 million, a price-to-earnings ratio of 14.06 and a beta of 0.28.
About Silver Spike Investment
(
Get Free Report)
Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies.
Featured Articles
Before you consider Silver Spike Investment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Silver Spike Investment wasn't on the list.
While Silver Spike Investment currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
