Data Knights Acquisition Corp. (NASDAQ:DKDCA – Get Free Report) dropped 2% during trading on Wednesday . The company traded as low as $0.8669 and last traded at $0.8849. Approximately 136,988 shares were traded during mid-day trading, an increase of 245% from the average daily volume of 39,705 shares. The stock had previously closed at $0.9032.
Data Knights Acquisition Trading Down 6.8%
The business’s fifty day moving average is $0.90 and its 200 day moving average is $1.03. The firm has a market capitalization of $4.10 million, a P/E ratio of -4.17 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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