Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report)’s stock price was up 10.8% during mid-day trading on Wednesday . The company traded as high as $8.97 and last traded at $8.35. Approximately 11,549 shares traded hands during trading, a decline of 25% from the average daily volume of 15,494 shares. The stock had previously closed at $7.53.
Swiftmerge Acquisition Stock Down 0.3 %
The company has a market capitalization of $56.91 million, a P/E ratio of -416.00 and a beta of 0.03. The company’s fifty day moving average price is $8.24 and its 200 day moving average price is $9.51.
Swiftmerge Acquisition Company Profile
Swiftmerge Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in West Vancouver, Canada.
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