Data Knights Acquisition Corp. (NASDAQ:DKDCA – Get Free Report)’s stock price shot up 6.5% during trading on Tuesday . The stock traded as high as $1.36 and last traded at $1.31. 263,764 shares were traded during trading, an increase of 564% from the average session volume of 39,705 shares. The stock had previously closed at $1.23.
Data Knights Acquisition Stock Down 7.9%
The firm has a 50-day moving average price of $1.76 and a two-hundred day moving average price of $1.14. The firm has a market cap of $6.67 million, a PE ratio of -6.79 and a beta of 0.18.
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.
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