Swiftmerge Acquisition Corp. (NASDAQ:IVCP – Get Free Report) shares dropped 3% on Friday. The company traded as low as $2.5226 and last traded at $2.57. 88,957 shares were traded during mid-day trading, an increase of 362% from the average session volume of 19,270 shares. The stock had previously closed at $2.65.
Swiftmerge Acquisition Stock Performance
The stock has a market cap of $17.58 million, a price-to-earnings ratio of -128.50 and a beta of 0.03. The company’s 50 day simple moving average is $2.83 and its two-hundred day simple moving average is $3.44.
Swiftmerge Acquisition Company Profile
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