American Virtual Cloud Technologies Inc Shares Close the Week 24.8% Lower - Weekly Wrap
The company saw its shares close the week 24.8% lower than last week, with trading volume lower than its 30 day average.
Jan 17, 2022 by Kwhen Finance Editors
American Virtual Cloud Technologies Inc (AVCT) shares closed this week 24.8% lower than it did at the end of last week. The stock is currently down 27.6% year-to-date, down 80.2% over the past 12 months, and down 81.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.3%.
Trading Activity
- Shares traded as high as $2.36 and as low as $1.58 this week.
- Trading volume this week was 32.7% higher than the 10-day average and 58.9% lower than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 2.7.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
- The company's share price lags the S&P 500 Index this week, 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 this week, 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 this week, lags it on a 1-year basis, and lags it on a 5 year basis
Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
---|---|---|---|---|---|
American Virtual Cloud Technologies Inc | -2.2 | -27.6 | -80.2 | ||
Dow Jones Industrial Average | -0.6 | -1.2 | 18.5 | -3.1 | 22.0 |
S&P 500 Index | 0.0 | -2.2 | 25.3 | -3.9 | 26.9 |
Financials | -0.8 | 4.0 | 33.9 | -2.7 | 39.7 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 57.1%
- The company's stock price performance over the past 12 months lags the peer average by 15.7%
Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
---|---|---|---|---|---|---|
American Virtual Cloud Technologies Inc | AVCT | 0 | -27.6 | -80.2 | ||
Peer Avg | N/A | 0 | -17.5 | -69.4 | ||
GDS Holdings Limited - ADR | GDS | 0 | -7.5 | -58.5 | ||
American Virtual Cloud Technologies Inc | AVCT | 0 | -27.6 | -80.2 |
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