GigCapital4 (NYSEMKT:GIG) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

GigCapital4, Inc. (NYSEMKT:GIGGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.70 and traded as low as $10.3750. GigCapital4 shares last traded at $10.5050, with a volume of 0 shares traded.

GigCapital4 Stock Up 1.3%

The business’s 50 day simple moving average is $10.70 and its 200 day simple moving average is $10.50. The stock has a market cap of $350.16 million, a price-to-earnings ratio of 116.72 and a beta of 0.05.

About GigCapital4

(Get Free Report)

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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