Data Knights Acquisition Corp. (NASDAQ:DKDCA – Get Free Report) traded up 1.9% on Friday . The stock traded as high as $0.6048 and last traded at $0.5941. 353,518 shares traded hands during trading, an increase of 790% from the average session volume of 39,705 shares. The stock had previously closed at $0.5830.
Data Knights Acquisition Stock Performance
The firm has a market capitalization of $3.10 million, a PE ratio of -3.16 and a beta of 0.18. The company has a fifty day moving average price of $0.67 and a 200-day moving average price of $0.76.
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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