Data Knights Acquisition (NASDAQ:DKDCA) Trading Down 6.8% – What’s Next?

Data Knights Acquisition Corp. (NASDAQ:DKDCA) fell 6.8% on Thursday . The company traded as low as $1.34 and last traded at $1.36. 110,822 shares were traded during mid-day trading, an increase of 179% from the average session volume of 39,705 shares. The stock had previously closed at $1.46.

Data Knights Acquisition Stock Down 6.8 %

The stock has a market capitalization of $7.04 million, a P/E ratio of -7.16 and a beta of 0.18. The company has a 50 day moving average of $1.25 and a 200-day moving average of $1.28.

Data Knights Acquisition Company Profile

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.