DiamondPeak (OTCMKTS:DPHCU) Stock Price Down 13.7% – Time to Sell?

DiamondPeak Holdings Corp. (OTCMKTS:DPHCU – Get Free Report) fell 13.7% on Thursday . The company traded as low as $19.76 and last traded at $20.45. Approximately 65,400 shares changed hands during trading, an increase of 32% from the average session volume of 49,678 shares. The stock had previously closed at $23.69.

DiamondPeak Price Performance

The firm’s fifty day moving average is $20.45 and its two-hundred day moving average is $20.45.

DiamondPeak Company Profile

(Get Free Report)

DiamondPeak Holdings Corp. is a special purpose acquisition company formed to raise capital through an initial public offering and pursue merger, capital stock purchase, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Trading on the OTC Markets under the ticker DPHCU, DiamondPeak offers units comprised of one Class A ordinary share and one-half of a redeemable warrant.

As a blank-check company, DiamondPeak does not maintain traditional business operations.

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