Swiftmerge Acquisition (IVCP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $6.12 to $6.80
• 50-Day Range: $6.15 to $11.90
• 52-Week Range: $8.80 to $13.39
• Volume: 3,668 shs
• Average Volume: 21,088 shs
• Market Capitalization: $42.07 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Swiftmerge Acquisition Stock Analysis - MarketRank™

Swiftmerge Acquisition scored higher than 3% of companies evaluated by MarketBeat, and ranked 916th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Swiftmerge Acquisition.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Swiftmerge Acquisition is -307.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Swiftmerge Acquisition is -307.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.41% of the float of Swiftmerge Acquisition has been sold short.

Short Interest Ratio / Days to Cover

Swiftmerge Acquisition has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Swiftmerge Acquisition has recently increased by 163.16%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Swiftmerge Acquisition does not currently pay a dividend.

Dividend Growth

Swiftmerge Acquisition does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.41% of the float of Swiftmerge Acquisition has been sold short.

Short Interest Ratio / Days to Cover

Swiftmerge Acquisition has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Swiftmerge Acquisition has recently increased by 163.16%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 4 news articles for Swiftmerge Acquisition this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Swiftmerge Acquisition insiders have not sold or bought any company stock.

Percentage Held by Insiders

42.90% of the stock of Swiftmerge Acquisition is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 38.10% of the stock of Swiftmerge Acquisition is held by institutions.

IVCP Stock Analysis - Frequently Asked Questions

How have IVCP shares performed this year?

Swiftmerge Acquisition's stock was trading at $10.87 on January 1st, 2024. Since then, IVCP shares have decreased by 43.4% and is now trading at $6.15.
View the best growth stocks for 2024 here.

Who are Swiftmerge Acquisition's major shareholders?

Top institutional investors of Swiftmerge Acquisition include Berkley W R Corp (2.70%), Wolverine Asset Management LLC (0.72%) and Tidal Investments LLC (0.24%).

How do I buy shares of Swiftmerge Acquisition?

Shares of IVCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Swiftmerge Acquisition own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Swiftmerge Acquisition investors own include Andretti Acquisition Corp. II (POLEU), AI Transportation Acquisition (AITR), Air T (AIRT), Aimfinity Investment Corp. I (AIMAU), Aimei Health Technology (AFJK), Aura FAT Projects Acquisition (AFAR) and AltEnergy Acquisition (AEAE).

Company Calendar

• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Crude petroleum & natural gas
• Sub-Industry: Trading
• Current Symbol: NASDAQ:IVCP
• Previous Symbol: NASDAQ:IVCP
• CUSIP: N/A
• CIK: 1845123
• Web: www.swiftmerg.com
• Phone: 604-445-2780
• Fax: N/A
• Employees: 2,021
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.02)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $3.42 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -11.71%
• Return on Assets: -0.23%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.01
• Quick Ratio: 0.01

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $0.36 per share
• Price / Cash Flow: 17.32
• Book Value: ($0.52) per share
• Price / Book: -11.83

Miscellaneous

• Outstanding Shares: 6,840,000
• Free Float: 3,906,000
• Market Cap: $42.07 million
• Optionable: Not Optionable
• Beta: 0.03