Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report)’s stock price shot up 0.4% during mid-day trading on Friday . The stock traded as high as $2.44 and last traded at $2.40. 4,515 shares were traded during mid-day trading, a decline of 77% from the average session volume of 19,270 shares. The stock had previously closed at $2.39.
Swiftmerge Acquisition Stock Up 0.4%
The stock has a 50-day simple moving average of $2.72 and a two-hundred day simple moving average of $3.48. The firm has a market cap of $16.42 million, a PE ratio of -120.00 and a beta of 0.03.
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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