Shares of Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report) traded up 1% on Friday . The stock traded as high as $3.32 and last traded at $3.11. 868,093 shares changed hands during mid-day trading, an increase of 4,405% from the average daily volume of 19,270 shares. The stock had previously closed at $3.08.
Swiftmerge Acquisition Stock Down 3.5%
The company has a fifty day moving average of $2.91 and a two-hundred day moving average of $3.62. The stock has a market capitalization of $20.52 million, a price-to-earnings ratio of -150.00 and a beta of 0.03.
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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