American Virtual Cloud Technologies, Inc. (AVCTQ)

OTCMKTS: AVCTQ · Delayed Price · USD
0.580
-0.040 (-6.42%)
Jan 27, 2023 4:00 PM EST - Market closed
Market Cap 19.42M
Revenue (ttm) -49.64M
Net Income (ttm) -116.61M
Shares Out n/a
EPS (ttm) -25.97
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 280,107
Open 0.601
Previous Close 0.620
Day's Range 0.570 - 0.630
52-Week Range n/a
Beta 0.78
Analysts n/a
Price Target n/a
Earnings Date n/a

About AVCTQ

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]

Sector Technology
Founded 1987
Employees 356
Stock Exchange OTCMKTS
Ticker Symbol AVCTQ
Full Company Profile

Financial Performance

Financial Statements

News

AVCT Stock Alert: Is American Virtual Cloud the Next Big Squeeze?

American Virtual Cloud Technologies (NASDAQ: AVCT) stock is on the minds of traders with some wondering what's next for the company. Yesterday, American Virtual Cloud Technologies filed for bankruptc...

2 weeks ago - InvestorPlace

AVCT Stock Falls as American Virtual Cloud Technologies Files for Bankruptcy

American Virtual Cloud Technologies (NASDAQ: AVCT) stock is taking a beating on Thursday as the company files for bankruptcy. According to a filing with the U.S. Securities and Exchange Commission (S...

2 weeks ago - InvestorPlace

AVCT Announces $10 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules

ATLANTA, Oct. 18, 2022 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc. (the “Company”) (Nasdaq: AVCT), today announced that it has entered into definitive agreements with institutional i...

3 months ago - GlobeNewsWire

Don't Chase American Virtual Cloud Technologies Higher

American Virtual Cloud Technologies rocketed higher to start the month but don't go chasing prices until you know the whole story.

4 months ago - MarketBeat

What Is Going on With American Virtual Cloud (AVCT) Stock Today?

American Virtual Cloud Technologies (NASDAQ: AVCT) stock fell almost 40% in pre-market trading on Sept. 30 and was priced at just 18 cents per share.

4 months ago - InvestorPlace

AVCT Announces Intent to Effect Reverse Stock Split

Common Stock Will Begin Trading on a Split-Adjusted Basis on October 3, 2022 Common Stock Will Begin Trading on a Split-Adjusted Basis on October 3, 2022

4 months ago - GlobeNewsWire

3 Penny Stock Picks to Beat the September Market Slump

This recent market turmoil has hit mega-cap stocks as well as most stock in the market. Accordingly, the search for top penny stock picks may be put aside for another day.

Other symbols: MULN
4 months ago - InvestorPlace

New Calian CIO Michael Muldner Brings Extensive Experience in Global Information Systems and Cybersecurity

OTTAWA, ON / ACCESSWIRE / September 12, 2022 / Calian® Group Ltd., (TSX:CGY) a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutio...

Other symbols: RBBN
4 months ago - Accesswire

AVCT Announces Board and Management Changes Along With Review of Strategic Alternatives

ATLANTA, Aug. 25, 2022 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc. (Nasdaq: AVCT) (the “Company”) today announces changes to its board of directors and management team, along with th...

5 months ago - GlobeNewsWire

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.

Other symbols: BODYOTRKVHC
8 months ago - Benzinga

AVCT Names New Chief Product Officer and Chief Revenue Officer To Focus On Cloud Collaboration Through The Kandy Platform

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...

9 months ago - GlobeNewsWire

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”...

10 months ago - GlobeNewsWire

Kandy Communications to Highlight its Cloud Communications Solutions for Enterprise at Enterprise Connect Conference & Expo, Orlando, Mar 21-24, 2022

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 commu...

11 months ago - GlobeNewsWire

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 Foundatio...

11 months ago - GlobeNewsWire

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 wi...

11 months ago - GlobeNewsWire

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 To...

11 months ago - GlobeNewsWire

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 elimin...

11 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating American Virtual Cloud Technologies, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

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 ...

1 year ago - PRNewsWire

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.

1 year ago - Benzinga

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

1 year ago - GlobeNewsWire

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.

1 year ago - InvestorPlace

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 T...

Other symbols: ISIGPIXYRELIMBOT
1 year ago - InvestorPlace

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 Sw...

1 year ago - InvestorPlace

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 R...

Other symbols: ISIGRELIENSCPTPI
1 year ago - InvestorPlace

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.

Other symbols: ISIGENSCPTPIRELI
1 year ago - Benzinga