Data Knights Acquisition Corp. (NASDAQ:DKDCA – Get Free Report)’s stock price shot up 20.2% during mid-day trading on Thursday . The stock traded as high as $0.6244 and last traded at $0.6023. 1,388,187 shares were traded during mid-day trading, an increase of 3,396% from the average daily volume of 39,705 shares. The stock had previously closed at $0.5011.
Data Knights Acquisition Trading Up 20.2%
The firm has a market capitalization of $3.12 million, a P/E ratio of -3.17 and a beta of 0.18. The stock has a 50 day simple moving average of $0.86 and a 200-day simple moving average of $0.96.
Data Knights Acquisition Company Profile
Data Knights Acquisition Corp is a special purpose acquisition company incorporated in Delaware in 2021 to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more target businesses. The company’s management team is focused on identifying enterprise technology and data-driven companies with a strong track record of growth and profitability. Since its initial public offering in 2021, Data Knights Acquisition has been actively evaluating potential acquisition targets across its focus sectors.
The company concentrates on opportunities in cybersecurity, data analytics, cloud infrastructure and software-as-a-service (SaaS) businesses.
Recommended Stories
- Five stocks we like better than Data Knights Acquisition
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Receive News & Ratings for Data Knights Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Data Knights Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
