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DiamondHead (NASDAQ:DHHC) Shares Up 9.7% - Should You Buy?

DiamondHead logo with background

DiamondHead Holdings Corp. (NASDAQ:DHHC - Get Free Report)'s stock price was up 9.7% on Friday . The company traded as high as $2.30 and last traded at $2.27. Approximately 214,288 shares changed hands during trading, a decline of 39% from the average daily volume of 350,931 shares. The stock had previously closed at $2.07.

DiamondHead Trading Down 0.5 %

The firm's fifty day simple moving average is $2.96 and its 200-day simple moving average is $4.48.

About DiamondHead

(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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