Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report)’s share price was down 3.9% during mid-day trading on Thursday . The stock traded as low as $3.17 and last traded at $3.17. Approximately 1,736 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 19,270 shares. The stock had previously closed at $3.30.
Swiftmerge Acquisition Stock Performance
The company has a market capitalization of $21.68 million, a PE ratio of -158.50 and a beta of 0.03. The company’s fifty day moving average is $3.83 and its 200-day moving average is $5.75.
About Swiftmerge Acquisition
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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