Data Knights Acquisition (NASDAQ:DKDCA) Stock Price Up 0.8% – Time to Buy?

Shares of Data Knights Acquisition Corp. (NASDAQ:DKDCAGet Free Report) rose 0.8% on Wednesday . The company traded as high as $0.89 and last traded at $0.87. Approximately 629,818 shares traded hands during mid-day trading, an increase of 1,486% from the average daily volume of 39,705 shares. The stock had previously closed at $0.86.

Data Knights Acquisition Stock Up 0.8%

The business has a fifty day simple moving average of $0.59 and a two-hundred day simple moving average of $0.56. The company has a market cap of $4.49 million, a P/E ratio of -4.56 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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