American Virtual Cloud Technologies Inc Shares Close the Day 34.4% Higher - Daily Wrap

The company saw its shares close the day 34.4% higher than yesterday, with trading volume higher than its 30 day average.

Dec 23, 2021 by Kwhen Finance Editors

American Virtual Cloud Technologies Inc Shares Close the Day 34.4% Higher - Daily Wrap
American Virtual Cloud Technologies Inc (AVCT) shares closed today 34.4% higher than it did at the end of yesterday. The stock is currently down 74.2% year-to-date, down 67.4% over the past 12 months, and down 80.8% over the past five years. Today, the Dow Jones Industrial Average rose 0.7%, and the S&P 500 rose 1.0%.

Trading Activity

  • Shares traded as high as $2.58 and as low as $1.34 this week.
  • Shares closed 74.0% below its 52-week high and 197.6% above its 52-week low.
  • Trading volume this week was 21.1% lower than the 10-day average and 12.3% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.2.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price beats the performance of its peers in the Financials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
American Virtual Cloud Technologies Inc34.4-74.2-67.4-77.1161.9
Dow Jones Industrial Average0.718.019.5-2.620.8
S&P 500 Index1.025.527.6-1.928.6
Financials0.729.232.7-5.832.6

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 21.8%
  • The company's stock price performance over the past 12 months lags the peer average by 17.3%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
American Virtual Cloud Technologies IncAVCT0-74.2-67.4-77.1161.9
Peer AvgN/A0-60.9-57.4-68.188.6
GDS Holdings Limited - ADRGDS0-47.6-47.5-59.115.3
American Virtual Cloud Technologies IncAVCT0-74.2-67.4-77.1161.9

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?

Tags: