Swiftmerge Acquisition Corp. (NASDAQ:IVCP - Get Free Report) shares traded down 8.1% during trading on Wednesday . The stock traded as low as $7.03 and last traded at $7.36. 5,543 shares changed hands during 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's fifty day simple moving average is $10.38 and its 200 day simple moving average is $9.16. The firm has a market cap of $51.71 million, a P/E ratio of -378.00 and a beta of 0.03.
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.
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