Shares of Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report) traded up 2.2% on Thursday . The stock traded as high as $3.90 and last traded at $3.70. 383,000 shares traded hands during mid-day trading, an increase of 1,888% from the average session volume of 19,270 shares. The stock had previously closed at $3.62.
Swiftmerge Acquisition Trading Up 2.2%
The stock has a market cap of $25.31 million, a P/E ratio of -185.00 and a beta of 0.03. The stock’s 50-day moving average is $3.15 and its 200-day moving average is $3.59.
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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