GigCapital4 (NYSEMKT:GIG) Shares Pass Below 50-Day Moving Average – What’s Next?

by · The Markets Daily

GigCapital4, Inc. (NYSEMKT:GIGGet Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.70 and traded as low as $10.3750. GigCapital4 shares last traded at $10.4850, with a volume of 0 shares.

GigCapital4 Stock Up 1.1%

The firm has a market capitalization of $349.50 million, a P/E ratio of 116.50 and a beta of 0.05. The company has a fifty day simple moving average of $10.70 and a 200 day simple moving average of $10.49.

GigCapital4 Company Profile

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GigCapital4, Inc does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets. The company was incorporated in 2020 and is headquartered in Palo Alto, California.

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