GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $10.52 and traded as low as $10.3750. GigCapital4 shares last traded at $10.5550, with a volume of 0 shares.
GigCapital4 Price Performance
The company’s 50-day simple moving average is $10.52 and its 200-day simple moving average is $10.53. The company has a market cap of $351.83 million, a price-to-earnings ratio of 117.28 and a beta of 0.05.
GigCapital4 Company Profile
GigCapital4, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NYSE MKT under the ticker GIG. Sponsored by GigCapital Global, the company was formed in 2021 to identify and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other business combination with one or more businesses. Since its initial public offering, GigCapital4 has been fully funded and is actively seeking suitable targets to bring public-market liquidity to high-growth private companies.
The company’s investment strategy focuses on sectors demonstrating strong growth potential, including enterprise software, digital infrastructure, fintech, artificial intelligence and cybersecurity.
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