Shares of GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $10.67 and traded as low as $10.3750. GigCapital4 shares last traded at $10.5050, with a volume of 0 shares traded.
GigCapital4 Stock Up 1.3%
The stock has a market capitalization of $350.16 million, a PE ratio of 116.72 and a beta of 0.05. The stock’s 50 day moving average price is $10.67 and its 200-day moving average price is $10.51.
About GigCapital4
GigCapital4, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NYSE MKT under the ticker GIG. Sponsored by GigCapital Global, the company was formed in 2021 to identify and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other business combination with one or more businesses. Since its initial public offering, GigCapital4 has been fully funded and is actively seeking suitable targets to bring public-market liquidity to high-growth private companies.
The company’s investment strategy focuses on sectors demonstrating strong growth potential, including enterprise software, digital infrastructure, fintech, artificial intelligence and cybersecurity.
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