Shares of Data Knights Acquisition Corp. (NASDAQ:DKDCA – Get Free Report) dropped 10.6% during mid-day trading on Friday . The company traded as low as $0.81 and last traded at $0.88. Approximately 108,843 shares changed hands during mid-day trading, an increase of 174% from the average daily volume of 39,705 shares. The stock had previously closed at $0.98.
Data Knights Acquisition Stock Performance
The company’s 50 day simple moving average is $1.44 and its 200 day simple moving average is $1.39. The stock has a market cap of $4.53 million, a PE ratio of -4.61 and a beta of 0.18.
About Data Knights Acquisition
Data Knights Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the data centers and internet technology sectors. Data Knights Acquisition Corp.
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