Data Knights Acquisition (NASDAQ:DKDCA) Trading Down 3% – Should You Sell?

Data Knights Acquisition Corp. (NASDAQ:DKDCAGet Free Report) fell 3% on Monday . The company traded as low as $0.91 and last traded at $0.93. 25,424 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 39,705 shares. The stock had previously closed at $0.96.

Data Knights Acquisition Stock Performance

The business has a 50-day simple moving average of $1.14 and a two-hundred day simple moving average of $1.31. The company has a market capitalization of $4.82 million, a price-to-earnings ratio of -4.90 and a beta of 0.18.

About Data Knights Acquisition

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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.

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