Data Knights Acquisition (NASDAQ:DKDCA) Stock Price Down 8.7% – Here’s What Happened

Data Knights Acquisition Corp. (NASDAQ:DKDCAGet Free Report)’s stock price dropped 8.7% during trading on Friday . The company traded as low as $0.50 and last traded at $0.52. Approximately 1,390,591 shares traded hands during trading, an increase of 3,402% from the average daily volume of 39,705 shares. The stock had previously closed at $0.57.

Data Knights Acquisition Stock Performance

The business has a fifty day simple moving average of $0.41 and a 200 day simple moving average of $0.75. The stock has a market cap of $2.70 million, a price-to-earnings ratio of -2.75 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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