DiamondHead (NASDAQ:DHHC) Shares Up 0.2% – Still a Buy?

DiamondHead Holdings Corp. (NASDAQ:DHHCGet Free Report)’s stock price shot up 0.2% during trading on Wednesday . The stock traded as high as $6.40 and last traded at $6.12. 47,472 shares were traded during mid-day trading, a decline of 86% from the average session volume of 350,931 shares. The stock had previously closed at $6.11.

DiamondHead Stock Up 0.2 %

The company’s fifty day simple moving average is $6.59 and its two-hundred day simple moving average is $6.35.

About DiamondHead

(Get Free Report)

DiamondHead Holdings Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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