DiamondHead (NASDAQ:DHHC) Sets New 1-Year Low – Here’s Why

Shares of DiamondHead Holdings Corp. (NASDAQ:DHHCGet Free Report) reached a new 52-week low on Monday . The company traded as low as $4.47 and last traded at $4.60, with a volume of 116659 shares. The stock had previously closed at $4.46.

DiamondHead Price Performance

The company’s 50-day moving average is $6.28 and its 200-day moving average is $6.30.

DiamondHead Company Profile

(Get Free Report)

DiamondHead Holdings Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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