Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report)’s share price shot up 5.6% on Monday . The stock traded as high as $11.51 and last traded at $11.39. 8,142 shares changed hands during trading, a decline of 48% from the average session volume of 15,723 shares. The stock had previously closed at $10.79.
Swiftmerge Acquisition Stock Performance
The stock has a market cap of $77.91 million, a P/E ratio of -569.50 and a beta of 0.03. The business’s 50-day moving average price is $8.79 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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