Swiftmerge Acquisition Corp. (NASDAQ:IVCP - Get Free Report) shares traded up 10.8% during mid-day trading on Wednesday . The stock traded as high as $8.97 and last traded at $8.35. 11,549 shares traded hands during mid-day 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 Performance
The stock has a market capitalization of $55.54 million, a P/E ratio of -406.00 and a beta of 0.03. The business has a fifty day simple moving average of $8.17 and a 200-day simple moving average of $9.47.
About Swiftmerge Acquisition
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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.
Further Reading
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