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

by · The Markets Daily

Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get 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.

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