For the readers interested in the stock health of Silver Spike Acquisition Corp. (SSPK). It is currently valued at $17.43. When the transactions were called off in the previous session, Stock hit the highs of $17.50, after setting-off with the price of $15.90. Company’s stock value dipped to $15.74 during the trading on the day. When the trading was stopped its value was $16.05.
Recently in News on December 15, 2020, MERGER ALERT – CLCT, and SSPK: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies. The following statement is being issued by Levi & Korsinsky, LLP: You can read further details here
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Silver Spike Acquisition Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $17.68 on 01/06/21, with the lowest value was $12.66 for the same time period, recorded on 01/04/21.
Silver Spike Acquisition Corp. (SSPK) full year performance was 76.06%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Silver Spike Acquisition Corp. shares are logging -1.41% during the 52-week period from high price, and 83.28% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.51 and $17.68.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1322114 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Silver Spike Acquisition Corp. (SSPK) recorded performance in the market was 36.49%, having the revenues showcasing 72.57% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 561.25M.
Analysts verdict on Silver Spike Acquisition Corp. (SSPK)
During the last month, 0 analysts gave the Silver Spike Acquisition Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 10.99, with a change in the price was noted +7.38. In a similar fashion, Silver Spike Acquisition Corp. posted a movement of +73.42% for the period of last 100 days, recording 826,712 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SSPK is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Silver Spike Acquisition Corp. (SSPK): Technical Analysis
Raw Stochastic average of Silver Spike Acquisition Corp. in the period of last 50 days is set at 96.72%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 95.83%. In the last 20 days, the company’s Stochastic %K was 79.25% and its Stochastic %D was recorded 78.90%.
Let’s take a glance in the erstwhile performances of Silver Spike Acquisition Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 36.49%. Additionally, trading for the stock in the period of the last six months notably improved by 71.72%, alongside a boost of 76.06% for the period of the last 12 months. The shares increased approximately by 9.14% in the 7-day charts and went down by 33.87% in the period of the last 30 days. Common stock shares were driven by 72.57% during last recorded quarter.