Data Knights Acquisition (NASDAQ:DKDCA) Stock Price Up 8.5% – Time to Buy?

Shares of Data Knights Acquisition Corp. (NASDAQ:DKDCAGet Free Report) rose 8.5% during trading on Friday . The company traded as high as $0.91 and last traded at $0.91. Approximately 140,611 shares traded hands during mid-day trading, an increase of 254% from the average daily volume of 39,705 shares. The stock had previously closed at $0.84.

Data Knights Acquisition Stock Performance

The stock has a market cap of $4.71 million, a price-to-earnings ratio of -4.79 and a beta of 0.18. The business’s fifty day simple moving average is $1.36 and its 200 day simple moving average is $1.32.

Data Knights Acquisition Company Profile

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Data Knights Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the data centers and internet technology sectors. Data Knights Acquisition Corp.

Further Reading

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