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DiamondHead (NASDAQ:DHHC) Trading Down 3.7% - Time to Sell?

DiamondHead logo with background

DiamondHead Holdings Corp. (NASDAQ:DHHC - Get Free Report) shares dropped 3.7% on Tuesday . The stock traded as low as $1.79 and last traded at $1.80. Approximately 411,361 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 350,931 shares. The stock had previously closed at $1.87.

DiamondHead Price Performance

The company's 50-day moving average price is $2.35 and its two-hundred day moving average price is $3.84.

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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