GigCapital4 (NYSEMKT:GIG) Shares Cross Below 50-Day Moving Average – Should You Sell?

GigCapital4, Inc. (NYSEMKT:GIGGet Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $10.66 and traded as low as $10.3750. GigCapital4 shares last traded at $10.5850, with a volume of 0 shares traded.

GigCapital4 Price Performance

The stock has a market cap of $352.00 million, a price-to-earnings ratio of 105.60 and a beta of 0.02. The business’s 50 day moving average is $10.67 and its 200 day moving average is $10.45.

GigCapital4 Company Profile

(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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