American Virtual Cloud Technologies Inc Shares Close the Day 24.0% Lower - Daily Wrap

The company saw its shares close the day 24.0% lower than yesterday, with trading volume lower than its 30 day average.

Dec 25, 2021 by Kwhen Finance Editors

American Virtual Cloud Technologies Inc Shares Close the Day 24.0% Lower - Daily Wrap
American Virtual Cloud Technologies Inc (AVCT) shares closed today 24.0% lower than it did at the end of yesterday. The stock is currently down 73.6% year-to-date, down 72.3% over the past 12 months, and down 80.4% over the past five years. Today, the Dow Jones Industrial Average rose 0.6%, and the S&P 500 rose 0.6%.

Trading Activity

  • Shares traded as high as $2.58 and as low as $1.34 this week.
  • Shares closed 80.2% below its 52-week high and 126.2% above its 52-week low.
  • Trading volume this week was 112.4% higher than the 10-day average and 82.5% higher 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 between 30 and 70.
  • 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 lags 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 lags 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 lags 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 Inc-24.0-73.6-72.3-77.1161.9
Dow Jones Industrial Average0.619.521.0-1.622.0
S&P 500 Index0.627.529.2-0.730.2
Financials0.731.033.7-4.634.4

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 19.4%
  • The company's stock price performance over the past 12 months lags the peer average by 19.8%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
American Virtual Cloud Technologies IncAVCT0-73.6-72.3-77.1161.9
Peer AvgN/A0-61.7-60.4-68.786.9
GDS Holdings Limited - ADRGDS0-49.7-48.4-60.311.8
American Virtual Cloud Technologies IncAVCT0-73.6-72.3-77.1161.9

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