Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report) traded up 10.8% on Wednesday . The stock traded as high as $8.97 and last traded at $8.35. 11,549 shares traded hands during trading, a decline of 25% from the average session volume of 15,494 shares. The stock had previously closed at $7.53.
Swiftmerge Acquisition Stock Up 10.8 %
The firm has a market capitalization of $57.08 million, a PE ratio of -417.25 and a beta of 0.03. The stock has a 50-day simple moving average of $8.40 and a 200-day simple moving average of $9.54.
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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