Swiftmerge Acquisition (NASDAQ:IVCP) Shares Down 1.9% – Here’s Why

Swiftmerge Acquisition Corp. (NASDAQ:IVCPGet Free Report)’s share price traded down 1.9% on Friday . The stock traded as low as $3.17 and last traded at $3.17. 16,925 shares changed hands during trading, a decline of 12% from the average session volume of 19,270 shares. The stock had previously closed at $3.23.

Swiftmerge Acquisition Stock Down 4.2%

The company has a market cap of $20.11 million, a P/E ratio of -147.00 and a beta of 0.03. The firm has a 50 day moving average of $3.48 and a 200-day moving average of $4.89.

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.

See Also

Receive News & Ratings for Swiftmerge Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swiftmerge Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.