Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report)’s share price shot up 1% during mid-day trading on Friday . The stock traded as high as $3.32 and last traded at $3.11. Approximately 868,093 shares were traded during trading, an increase of 4,405% from the average session volume of 19,270 shares. The stock had previously closed at $3.08.
Swiftmerge Acquisition Stock Up 1.0%
The company has a market cap of $21.27 million, a PE ratio of -155.50 and a beta of 0.03. The stock’s 50 day simple moving average is $2.91 and its two-hundred day simple moving average is $3.62.
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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