Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / AVCT - American Virtual Cloud Technologies: Know What You Own

AVCT - American Virtual Cloud Technologies: Know What You Own

American Virtual Cloud Technologies Inc.
  • American Virtual Cloud Technologies owns two operating businesses: Computex and Kandy Communications.
  • Both subsidiaries have low gross margins and are generating substantial losses.
  • Management has written down the value of Computex by 33% and is actively trying to sell the business.
  • Kandy's revenue is growing but low gross margins and high operational expenses mean the company is far from profitability.
  • The price of American Virtual Cloud Technologies shares is volatile; I am bearish towards the company but I don't recommend shorting.

For further details see:

American Virtual Cloud Technologies: Know What You Own
Stock Information
Company Name: American Virtual Cloud Technologies Inc.
Stock Symbol: AVCT
Market: NASDAQ
Menu
AVCT AVCT Quote AVCT Short AVCT News AVCT Articles AVCT Message Board
Get AVCT Alerts

News, Short Squeeze, Breakout and More Instantly...