Swiftmerge Acquisition Corp. (NASDAQ:IVCP - Get Free Report)'s stock price traded down 8.1% during trading on Wednesday . The company traded as low as $7.03 and last traded at $7.36. 5,543 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 16,429 shares. The stock had previously closed at $8.01.
Swiftmerge Acquisition Stock Performance
The firm has a market capitalization of $50.34 million, a P/E ratio of -368.00 and a beta of 0.03. The stock has a fifty day moving average price of $10.48 and a two-hundred day moving average price of $9.24.
About Swiftmerge Acquisition
(
Get Free Report)
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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Swiftmerge Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Swiftmerge Acquisition wasn't on the list.
While Swiftmerge Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
