Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report)’s stock price rose 1.4% on Wednesday . The stock traded as high as $2.97 and last traded at $2.90. 184,277 shares changed hands during mid-day trading, an increase of 856% from the average session volume of 19,270 shares. The stock had previously closed at $2.86.
Swiftmerge Acquisition Stock Performance
The stock has a market cap of $19.84 million, a PE ratio of -145.00 and a beta of 0.03. The company’s 50-day moving average price is $3.31 and its 200 day moving average price is $3.57.
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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