NASDAQ:AVCT

American Virtual Cloud Technologies Stock Forecast, Price & News

$5.86

-0.03 (-0.51 %)

(As of 05/14/2021 12:00 AM ET)

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Today's Range

$5.78

▼

$6.04

50-Day Range

$5.56

▼

$7.96

52-Week Range

$1.45

▼

$12.96

Volume16,841 shs

Average Volume107,188 shs

Market Capitalization$46.49 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About American Virtual Cloud Technologies

American Virtual Cloud Technologies, Inc. provides IT solutions and managed services. It offers managed IT services to a range of clients, including unified communications-as-a-service, directory and messaging, enterprise networking, cybersecurity, collaboration, data center, integration, storage, backup, virtualization, and converged infrastructure. The company was founded in 1987 and is based in Atlanta, Georgia.

Short Interest in American Virtual Cloud Technologies, Inc. (NASDAQ:AVCT) Rises By 29.9%
May 3, 2021 | americanbankingnews.com

AVCTechnologies and Rand Technology Initiate Master Service Agreement
April 22, 2021 | finance.yahoo.com

AVCtechnologies Named Growth Partner of the Year by AT&T Cybersecurity
March 23, 2021 | finance.yahoo.com

Computex Technology Solutions Named Largest Houston-Area Cybersecurity Company By Houston Business Journal For Second Year In A Row
March 9, 2021 | finance.yahoo.com

Orion Innovation Announces Strategic Partnerships with Ribbon Communications and American Virtual Cloud Technologies for Digital Product Development Services
March 8, 2021 | finance.yahoo.com

AVC Technologies Appoints Carolyn Byrd to the Board of Directors
March 4, 2021 | finance.yahoo.com

American Virtual Cloud Technologies Inc
January 30, 2021 | bloomberg.com

American Virtual Cloud Technologies Inc.
January 23, 2021 | barrons.com

American Virtual Cloud Technologies, Inc. (AVCT)
January 9, 2021 | finance.yahoo.com

AVCT Announces Michael Dennis as New COO
December 7, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer integrated systems design

Sub-IndustryN/A

SectorUnclassified

Current SymbolNASDAQ:AVCT

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.avctechnologies.com

Phone(404) 234-3098

Employees316

Year FoundedN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book Value$0.97 per share

Price / Book6.04

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-650,000.00

Net MarginsN/A

Return on Equity-284.68%

Return on Assets-18.77%

Debt

Debt-to-Equity Ratio3.86

Current Ratio0.56

Quick Ratio0.55

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Miscellaneous

Outstanding Shares7,933,000

Market Cap$46.49 million

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

2.03 out of 5 stars

Unclassified Sector

7th out of 243 stocks

Computer Integrated Systems Design Industry

5th out of 53 stocks

3.5 Analyst's Opinion

Consensus Rating
American Virtual Cloud Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.00, American Virtual Cloud Technologies has a forecasted upside of 190.1% from its current price of $5.86.
Amount of Analyst Coverage
American Virtual Cloud Technologies has only been the subject of 1 research reports in the past 90 days.

5.0 Community Rank

Outperform Votes
American Virtual Cloud Technologies has received 3 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
American Virtual Cloud Technologies has received 0 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
American Virtual Cloud Technologies has received 100.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about American Virtual Cloud Technologies and other stocks. Vote “Outperform” if you believe AVCT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AVCT will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
American Virtual Cloud Technologies does not currently pay a dividend.
Dividend Growth
American Virtual Cloud Technologies does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, American Virtual Cloud Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
85.70% of the stock of American Virtual Cloud Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

0.0 Earnings and Valuation

Price to Book Value per Share Ratio
American Virtual Cloud Technologies has a P/B Ratio of 6.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

American Virtual Cloud Technologies (NASDAQ:AVCT) Frequently Asked Questions

Is American Virtual Cloud Technologies a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Virtual Cloud Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" American Virtual Cloud Technologies stock.
View analyst ratings for American Virtual Cloud Technologies or view top-rated stocks.

What stocks does MarketBeat like better than American Virtual Cloud Technologies?

Wall Street analysts have given American Virtual Cloud Technologies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but American Virtual Cloud Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting American Virtual Cloud Technologies?

American Virtual Cloud Technologies saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 333,000 shares, an increase of 29.9% from the March 31st total of 256,300 shares. Based on an average daily trading volume, of 126,600 shares, the days-to-cover ratio is currently 2.6 days. Currently, 9.2% of the shares of the company are short sold.
View American Virtual Cloud Technologies' Short Interest.

What price target have analysts set for AVCT?

1 brokers have issued 12 month price targets for American Virtual Cloud Technologies' stock. Their forecasts range from $17.00 to $17.00. On average, they expect American Virtual Cloud Technologies' share price to reach $17.00 in the next twelve months. This suggests a possible upside of 190.1% from the stock's current price.
View analysts' price targets for American Virtual Cloud Technologies or view top-rated stocks among Wall Street analysts.

Who are American Virtual Cloud Technologies' key executives?

American Virtual Cloud Technologies' management team includes the following people:

Mr. Xavier D. Williams, CEO & Director (Age 52)
Mr. Lawrence E. Mock Jr., Exec. Vice Chairman (Age 74)
Mr. Thomas H. King, Chief Financial Officer (Age 66)
Mr. Michael A. Dennis, Chief Operating Officer (Age 63)
Ms. Sheila Marks-Jolivette, Chief Admin. Officer
Mr. Graham McGonigal, Chief Strategy Officer (Age 63)
Mr. Dominick Passanante, Chief Commercial Officer
Mr. Faisal Bhutto, Pres of Cloud & Cybersecurity Solutions (Age 39)
Mr. Worth Davis, Pres of Provider Solutions (Age 49)
Mr. Sacha Gera, Pres of SaaS & Cloud Communications

Who are some of American Virtual Cloud Technologies' key competitors?

Some companies that are related to American Virtual Cloud Technologies include Asure Software (ASUR), Streamline Health Solutions (STRM), Kubient (KBNT), Pareteum (TEUM), Borqs Technologies (BRQS), CSP (CSPI), Grown Rogue International (GRUSF), Creative Realities (CREX), ProtoSource (PSCO), AgriVest Americas (NXCN), SofTech (SOFT), iTeknik (ITKH), Eviation Aircraft (EVTNF), Allin (ALLN) and 1mage Software (ISOL).
View all of AVCT's competitors.

What other stocks do shareholders of American Virtual Cloud Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American Virtual Cloud Technologies investors own include Advanced Micro Devices (AMD), Square (SQ), Moderna (MRNA), OPKO Health (OPK), Amyris (AMRS), AngloGold Ashanti (AU), Nokia (NOK), Overstock.com (OSTK), SSR Mining (SSRM) and Zynga (ZNGA).

What is American Virtual Cloud Technologies' stock symbol?

American Virtual Cloud Technologies trades on the NASDAQ under the ticker symbol "AVCT."

Who are American Virtual Cloud Technologies' major shareholders?

American Virtual Cloud Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.86%), Geode Capital Management LLC (0.21%) and State of Tennessee Treasury Department (0.19%).
View institutional ownership trends for American Virtual Cloud Technologies.

Which institutional investors are buying American Virtual Cloud Technologies stock?

AVCT stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, State of Tennessee Treasury Department, and Geode Capital Management LLC.
View insider buying and selling activity for American Virtual Cloud Technologies or or view top insider-buying stocks.

How do I buy shares of American Virtual Cloud Technologies?

Shares of AVCT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is American Virtual Cloud Technologies' stock price today?

One share of AVCT stock can currently be purchased for approximately $5.86.

How much money does American Virtual Cloud Technologies make?

American Virtual Cloud Technologies has a market capitalization of $46.49 million.

How many employees does American Virtual Cloud Technologies have?

American Virtual Cloud Technologies employs 316 workers across the globe.

What is American Virtual Cloud Technologies' official website?

The official website for American Virtual Cloud Technologies is www.avctechnologies.com.

Where are American Virtual Cloud Technologies' headquarters?

American Virtual Cloud Technologies is headquartered at 1720 PEACHTREE STREET SUITE 629, ATLANTA GA, 30309.

How can I contact American Virtual Cloud Technologies?

American Virtual Cloud Technologies' mailing address is 1720 PEACHTREE STREET SUITE 629, ATLANTA GA, 30309. The company can be reached via phone at (404) 234-3098 or via email at [email protected]

This page was last updated on 5/15/2021 by MarketBeat.com Staff

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