Data Knights Acquisition (NASDAQ:DKDCA) Trading Down 2.9% – Here’s Why

Data Knights Acquisition Corp. (NASDAQ:DKDCAGet Free Report)’s stock price dropped 2.9% during mid-day trading on Friday . The company traded as low as $1.26 and last traded at $1.33. Approximately 334,214 shares were traded during mid-day trading, an increase of 742% from the average daily volume of 39,705 shares. The stock had previously closed at $1.37.

Data Knights Acquisition Stock Performance

The company’s fifty day moving average price is $1.11 and its two-hundred day moving average price is $1.30. The firm has a market capitalization of $6.88 million, a PE ratio of -7.00 and a beta of 0.18.

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.

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