American Virtual Cloud Technologies, Inc. (AVCT)
| Market Cap | 25.29M |
| Revenue (ttm) | -3.02M |
| Net Income (ttm) | -152.64M |
| Shares Out | 110.43M |
| EPS (ttm) | -2.89 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 22,957,397 |
| Open | 0.183 |
| Previous Close | 0.185 |
| Day's Range | 0.179 - 0.238 |
| 52-Week Range | 0.160 - 4.970 |
| Beta | 1.32 |
| Analysts | Buy |
| Price Target | 7.14 (+3,017.9%) |
| Earnings Date | n/a |
About AVCT
American Virtual Cloud Technologies, Inc., a pure-play cloud communications and collaboration company, provides cloud-based enterprise services worldwide. The company's Kandy cloud communications platform is a cloud-based, real-time communications platform, which offers proprietary unified communications as a service, communications platform as a service, contact center as a service, Microsoft Teams Direct Routing as a Service, and SIP Trunking as a Service capabilities. Its cloud-based, real-time communications platform enables service provide... [Read more...]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for AVCT stock is "Buy." The 12-month stock price forecast is 7.14, which is an increase of 3,017.90% from the latest price.
News
5 Stocks Under $2 Insiders Are Aggressively Buying
US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.
AVCT Names New Chief Product Officer and Chief Revenue Officer To Focus On Cloud Collaboration Through The Kandy Plat...
ATLANTA, May 03, 2022 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc. (Nasdaq: AVCT) (the “Company”) today announced several changes to its management team, including the addition of two n...
AVCT Announces Senior Secured Convertible Note Agreement
Net proceeds to be used to strengthen balance sheet for first year as a “pure-play” converged communications company Net proceeds to be used to strengthen balance sheet for first year as a “pure-play” c...
Kandy Communications to Highlight its Cloud Communications Solutions for Enterprise at Enterprise Connect Conference ...
ATLANTA, March 21, 2022 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc.'s (Nasdaq: AVCT) Kandy Communications business unit (Kandy), a global leader in secure and intelligent cloud communi...
Kandy Joins Project “CAMARA - The Telco Global API Alliance”
Project to address industry API interoperability in collaboration with GSMA and the Linux Foundation Project to address industry API interoperability in collaboration with GSMA and the Linux Foundation
AVCT Announces Closing of Divestiture of Computex Technology Solutions to Calian Group Ltd.
The sale will complete AVCT's transition to a pure-play cloud communications and collaboration company, centered on its premium Kandy platform and further strengthen its financial position The sale will...
AT&T Elevates Customer Engagement with IPTF Click-to-Connect from Kandy
IPTF Click-to-Connect Gives All Businesses Access to Omnichannel Experience to Traditional Toll-free Calls IPTF Click-to-Connect Gives All Businesses Access to Omnichannel Experience to Traditional Toll...
AVCT Announces Securities Purchase Agreement
Net proceeds combined with anticipated Computex sale net proceeds expected to be used to eliminate debt. Net proceeds combined with anticipated Computex sale net proceeds expected to be used to eliminat...
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating American Virtual Cloud Technologies, Inc. for Poten...
NEW YORK, Feb. 22, 2022 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty cl...
AVCtechnologies To Divest Computex Tech Business To Calian
American Virtual Cloud Technologies Inc (NASDAQ: AVCT) agreed to sell its Computex Technology Group business to Calian Group Ltd. The financial terms of the transaction remain undisclosed.
AVCtechnologies Announces Definitive Agreement to Divest Computex Technology Solutions to Focus on Kandy Platform
The sale will also further strengthen AVCtechnologies' financial position The sale will also further strengthen AVCtechnologies' financial position
American Virtual Cloud is Not Worth the Headache
The cloud computing and software industries are in steep market corrections right now. So stick to leaders rather than trying to buy AVCT stock.
Short Squeeze Stocks: ISIG, PIXY and 3 Others Experts Think Are Ready to Pop
These five top short squeeze stocks are worth a close look from retail investors looking for opportunities in an otherwise down market. The post Short Squeeze Stocks: ISIG, PIXY and 3 Others Experts Thi...
Kandy Will Bring American Virtual Cloud Technologies Sweet Profits
Since its cloud-communications business unit has hyper-growth potential, AVCT stock is poised to break through the penny-stock barrier. The post Kandy Will Bring American Virtual Cloud Technologies Swee...
Short Squeeze Stocks: ISIG, RELI and 3 Others Experts Think Are Ready to Pop
These five top short squeeze stocks are among the top speculative plays investors and traders are watching in today's market. The post Short Squeeze Stocks: ISIG, RELI and 3 Others Experts Think Are Rea...
5 Short Squeeze Candidates To Watch: Insignia Systems, American Virtual Cloud Top List Again, Reliance Global Rejoins
Potential short squeeze plays gained steam in 2021 with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.
AVCtechnologies Welcomes Michael Tessler to its Board as Chairman
ATLANTA, Jan. 07, 2022 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc. (AVCtechnologies) (Nasdaq: AVCT), a premier global IT solutions and cloud communications provider, today announced th...
AVCtechnologies Announces Filing of Resale Registration Statement as Part of Funding Plan
ATLANTA, Jan. 03, 2022 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies (AVCtechnologies; Nasdaq: AVCT) announced that it has filed a resale registration statement on Form S-3 as part of several ...
Kandy and Etisalat Report Record Growth in the Adoption of Unified Communications (UCaaS and CPaaS) Solutions in the ...
Etisalat expands CloudTalk Enterprise Collaboration Solutions with innovative real time communications capabilities for vertical industry sectors powered by Kandy's growing global partner ecosystem Etis...
AVCT Stock: 7 Things to Know About Meme Penny Stock American Virtual Cloud Technologies as Shares Surge Today
American Virtual Cloud Technologies (AVCT) stock is taking off on Wednesday despite a lack of news and we're diving into the reasons why! The post AVCT Stock: 7 Things to Know About Meme Penny Stock Ame...
Kandy Expands Full PSTN Replacement Services to 40 Countries
Kandy's Global PSTN voice capabilities now available to countries representing 78% of the world's GDP Kandy's Global PSTN voice capabilities now available to countries representing 78% of the world's GDP
AVCtechnologies Announces Securities Purchase Agreement
ATLANTA, Dec. 14, 2021 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc. (“AVCtechnologies” or the “Company”) (Nasdaq: AVCT) today announced that it has entered into a securities purchase ag...
AVCT Stock: Why American Virtual Cloud Technologies Is Skyrocketing Today
American Virtual Cloud Technologies (AVCT) stock is taking off on Friday after announcing a new agreement for Kandy Communications. The post AVCT Stock: Why American Virtual Cloud Technologies Is Skyroc...
Why Are American Virtual Cloud Tech Shares Trading Higher Today?
American Virtual Cloud Technologies Inc's (NASDAQ: AVCT) Kandy Communications business unit and mobile customer engagement platform Braidio expanded their partnership. The collaboration aims to power ne...