Data Knights Acquisition Corp. (NASDAQ:DKDCA – Get Free Report)’s stock price rose 2.4% during trading on Friday . The company traded as high as $0.6699 and last traded at $0.6340. Approximately 135,787 shares were traded during mid-day trading, an increase of 242% from the average daily volume of 39,705 shares. The stock had previously closed at $0.6190.
Data Knights Acquisition Trading Up 44.6%
The business has a fifty day moving average price of $0.93 and a two-hundred day moving average price of $1.27. The firm has a market capitalization of $5.28 million, a PE ratio of -5.37 and a beta of 0.18.
About Data Knights Acquisition
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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