Silver Spike Investment (SSIC) Stock Price, News & Analysis

Company Overview

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. Silver Spike Investment is empowered to pursue opportunities across various industries and geographies in order to maximize shareholder value.

Until the completion of a qualifying business combination, the proceeds from Silver Spike Investment’s initial public offering remain held in a trust account and are invested in short-term, investment-grade securities. The company’s ability to create value depends on the expertise and execution of its management team in sourcing and closing a strategic transaction.

Key Stats

• Today's Range: $9.40 to $9.57
• 50-Day Range: $9.24 to $10.46
• 52-Week Range: $7.29 to $12.45
• Volume: 18,932 shs
• Average Volume: 11,019 shs
• Market Capitalization: $59.04 million
• P/E Ratio: 10.92
• Dividend Yield: 10.53%
• Price Target: N/A
• Consensus Rating: N/A

Company Calendar

• Last Earnings: 5/09/2024
• Today: 8/08/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NASDAQ:SSIC
• CIK: 1843162
• Web: www.silverspikecap.com
• Phone: 212-905-4923
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $0.87
• Trailing P/E Ratio: 10.92
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $7.34 million
• Net Margins: 44.96%
• Pretax Margin: 38.68%
• Return on Equity: 5.62%
• Return on Assets: 5.37%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 15.46
• Quick Ratio: 15.46

Sales & Book Value

• Annual Sales: $10.84 million
• Price / Sales: 5.45
• Cash Flow: $0.83 per share
• Price / Cash Flow: 11.50
• Book Value: $13.77 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 6,215,000
• Free Float: 1,695,000
• Market Cap: $59.04 million
• Optionable: Not Optionable
• Beta: 0.28