Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report)’s stock price rose 0.4% during mid-day trading on Friday . The company traded as high as $2.44 and last traded at $2.40. Approximately 4,515 shares changed hands during trading, a decline of 77% from the average daily volume of 19,270 shares. The stock had previously closed at $2.39.
Swiftmerge Acquisition Stock Performance
The company has a market cap of $16.42 million, a P/E ratio of -120.00 and a beta of 0.03. The business has a 50 day moving average price of $2.72 and a two-hundred day moving average price of $3.48.
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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