Data Knights Acquisition (NASDAQ:DKDCA) Stock Price Up 18.2% – Still a Buy?

by · The Cerbat Gem

Shares of Data Knights Acquisition Corp. (NASDAQ:DKDCA – Get Free Report) shot up 18.2% during mid-day trading on Tuesday . The company traded as high as $0.77 and last traded at $0.75. 111,379 shares traded hands during trading, an increase of 181% from the average session volume of 39,705 shares. The stock had previously closed at $0.63.

Data Knights Acquisition Price Performance

The company has a market capitalization of $3.88 million, a price-to-earnings ratio of -3.95 and a beta of 0.18. The firm has a fifty day simple moving average of $1.07 and a 200 day simple moving average of $1.24.

About Data Knights Acquisition

(Get Free Report)

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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