Swiftmerge Acquisition (NASDAQ:IVCP) Trading Up 6.6% – What’s Next?

Swiftmerge Acquisition Corp. (NASDAQ:IVCPGet Free Report)’s stock price was up 6.6% on Tuesday . The stock traded as high as $4.47 and last traded at $4.30. Approximately 4,749 shares traded hands during trading, a decline of 75% from the average daily volume of 19,270 shares. The stock had previously closed at $4.03.

Swiftmerge Acquisition Trading Up 6.6%

The firm’s fifty day moving average price is $4.40 and its 200 day moving average price is $7.19. The firm has a market capitalization of $29.39 million, a PE ratio of -214.88 and a beta of 0.03.

Swiftmerge Acquisition Company Profile

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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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