Swiftmerge Acquisition Corp. (NASDAQ:IVCP - Get Free Report)'s share price shot up 5.6% during trading on Monday . The company traded as high as $11.51 and last traded at $11.39. 8,142 shares changed hands during trading, a decline of 48% from the average session volume of 15,723 shares. The stock had previously closed at $10.79.
Swiftmerge Acquisition Price Performance
The stock has a market cap of $75.24 million, a price-to-earnings ratio of -550.00 and a beta of 0.03. The stock has a fifty day moving average of $9.15 and a 200 day moving average of $9.50.
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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