Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report)’s share price shot up 1% during mid-day trading on Friday . The company traded as high as $3.32 and last traded at $3.11. Approximately 868,093 shares were traded during trading, an increase of 4,405% from the average session volume of 19,270 shares. The stock had previously closed at $3.08.
Swiftmerge Acquisition Trading Up 1.0%
The business has a fifty day moving average price of $2.91 and a two-hundred day moving average price of $3.62. The firm has a market capitalization of $21.27 million, a PE ratio of -155.50 and a beta of 0.03.
About Swiftmerge Acquisition
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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