Are you interested in AVCT stock or they are already in your portfolio? The good news is that AVCT stock has huge profit potential in the long term.
In this article, we will show you all you need to know about the AVCT Stock. You will also know how to buy the stock and expert price forecast covering 10 years to guide your investment decision.
What is AVCT Stock?
AVCT stock is the capital raising instrument of American Virtual Cloud Technologies, Inc., cloud-based enterprise services provider, through which its shares are sold to the public in the NASDAQ exchange.
American Virtual Cloud Technologies, Inc. is a premier global IT solutions provider offering a comprehensive bundle of services including unified cloud communications, managed services, cybersecurity, and enhanced connectivity.
The company’s mission is to provide global technology solutions with a superior customer experience founded in 1987 and is based in Atlanta, Georgia.
AVCT stock began trading publicly on July 27, 2017, in the NASDAQ exchange under the ticker symbol ‘AVCT’.
In 2020, American Virtual Cloud Technologies acquired Computex Technology Group and Kandy Communications.
AVCT Competitors and Market Position
AVCT competitors are those other companies operating in the same business and same market environment such that their business decisions may affect the market position of AVCT in the short term.
The AVCT competitors include:
- NASDAQ: EGIO
- NASDAQ: TCX
- NASDAQ: BLZE
- NASDAQ: CORZ
- NASDAQ: CYXT
Revenue growth over the past 12 months for American Virtual Cloud Technologies comes is at -125.78% which reflects 0.51% of the US stocks being tracked.
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But given that its year-over-year growth in debt is -92.27%, it reflects the reality that AVCT debt growth rate surpasses merely 1.91% of about US stocks.
In terms of volatility of its share price, AVCT is more volatile than 98.29% of stocks we’re observing.
The stock has traded between $0.21 and $0.25 so far in the last 24 hours. It has traded 84,165,141 shares compared to average volume of 51,521, 259 shares.
Is AVCT Stock a Good Buy Now?
The answer is yes. Evidence from Wall Street shows consensus among 13 analysts covering (NASDAQ: AVCT) shows a buy for AVCT. We see AVCT as a buy candidate.
The 13 analysts offering 12-month price forecasts for American Virtual Cloud Technologies Inc. have a median target of 7.00, with a high estimate of 7.00 and a low estimate of 7.00.
The median estimate represents a +3,209.69% increase from the last price of 0.21, supporting the conclusion of a buy for AVCT.
11 Penworld Gurus analysts carried out sell or buy investigation on AVCT Stock. 7(63.63%) support a strong buy, 3(27.27%) support a buy, 1(9.09%) supports hold, and 0(0%) supports a sell.
current consensus among 1 polled investment analysts is to buy AVCT stock.
This buying rating has remained steady since the beginning of 2022 and may continue into the future given that AVCT holds a long term growth prospect.
How you should Buy AVCT Stock
Shares of AVCT stock can be purchased through any online brokerage.
Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Fidelity, and Charles Schwab.
To buy the AVCT Stock you must follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Step 2: Open Your Brokerage Account.
This is your trading account to be opened with the brokerage firm. You must complete an application with your details and follow other procedures required by your broker.
Step 3: Confirm Your Payment Details.
You need to deposit sufficient money to your account so that you can trade. Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case -AVCT- and research it before deciding if it is a good investment for you now.
Step 5: Purchase Now or Later
Buy your preferred quantity of AVCT stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your Investment.
Optimize your portfolio by tracking your stock regularly so as to know when your investment target is attained and when you may change investment strategy.
AVCT Stock Price Forecast 2022, 2023-2033
The forecast applied the Moving Average model and Discounted Cash Flow (DCF) Model to AVCT historical stock price data to evaluate the fundamental dynamics of the stock and arrived at the following conclusions.
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AVCT Stock Price Prediction 2022
AVCT Stock price is estimated to peak at $0.33by the end of 2022. The price will drop to as low as $0.19.
Given that it is expected to be held for long-term, its average price is projected to $0.26 by the end of 2022. Average price volatility is high and measured at 85.30%.
AVCT Stock Price Prediction 2023
Given that AVCT will maintain a steady growth into the future in the face of high volatility, analysts believe a bull is imminent.
In 2023, the price of AVCT Stock is expected to hit a maximum value of $0.43
The minimum price is expected to reach $0.27with average price estimated at $0.35. Average price volatility is high and measured at 87.08%.
AVCT Stock Price Prediction 2024
In 2024, analysts predict that AVCT Stock maximum trading price will reach $0.69
The minimum price is projected to hit $0.34 and the average price is estimated at $0.52. Average price volatility is high and measured at 90.10%.
AVCT Stock Price Prediction 2025
At this period, investors’ confidence looks great as steady growth optimism is expected.
The year 2025 is expected to end with a maximum price of $0.85 and a minimum price value of $0.47.
The average price is projected to $0.66, given a stable market condition. Average price volatility is high and measured at 84.25%.
AVCT Stock Price Prediction 2026
Technical analysis by our stock experts shows that the price of AVCT Stock in 2026 is expected to attain $0.68 minimum and $1.06 maximum.
Average expected trading value is $0.87. Average price volatility is high and measured at 91.32% in the year.
AVCT Stock Price Prediction 2027
As the long term draws near, the AVCT stock is set on a bullish curve.
From the aggregate point price prediction of our stock analysts, AVCT is predicted to go up to a minimum of $0.89 and reaching a peak at $1.27.
Average price of AVCT Stock is estimated to reach $1.08 in the year. The average price volatility is 91.32% which indicates high volatility in the face of high price.
However, it is concluded that the price of AVCT stock will reach or slightly exceed $1.00 per share in the year 2027, that is, 5 years from now.
AVCT Stock Price Prediction 2028
The year 2028 is expected to put the maximum AVCT Stock price at $1.19 and a minimum of $0.98.
The expected average trading price is set at $1.085 given high volatility at 85.25%.
AVCT Stock Price Prediction 2029
There is a more stable price through the year. It is assumed that in 2029 there will be $1.05 minimum price and $1.43 maximum price value.
On the average, the trading price will reach $1.24. Average price volatility is high and measured at 78.11%.
AVCT Stock Price Prediction 2030
Experts predict that AVCT Stock will attain $1.80 by the year 2030. Minimum price value is projected to hit $1.09.
The average price of $1.45 is estimated for the year with volatility measured at 88.20%. It means that AVCT stock will trade at $1.45 per share in 2030.
AVCT Stock Price Prediction 2031
AVCT remains on the buying trajectory. More investors are in for a kill in the long term. This will have demand implication too.
It is expected that by the end of 2031 the stock will trade between $1.10 and $1.68.
On the average the AVCT Stock will trade at $1.39 in 2029. There is a slowdown in the average price movement this year by 4.1% as compared to the preceding year.
This decline is attributed to adjustment in fundamentals such as volume of share by the company to control demand. Average Price volatility is estimated at 97.31% during the year.
AVCT Stock Price Prediction 2032
The year 2032 resets the bullish growth after a slow down. Minimum price projection is $1.23 with maximum price estimated at $2.27.
On the average, it is calculated that the price will reach $1.75 in 2032. There is a significant growth price accompanied by high volatility measured at 103.12%.
AVCT Stock Price Prediction 2033
As the bullish trend continues, the analysis of fundamental and technical variables by our stock experts reveals a significant high price in the year.
The price of AVCT Stock in 2033 is expected to attain a minimum of $1.60 and a maximum of $2.52.
The average trading value of AVCT Stock is projected at $2.06 in the face of high volatility measured at 96.08%. There is evidence of AVCT reaching $2.00 per share in the year 2033, that is, by next 10 years.
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What is the Future of AVCT Stock?
The future of AVCT is favourable for investors given its steady projected growth. According to analysts, AVCT has incredible growth potential which makes it good for long term investors.
Your investment of $1000 today ($0.21 per share) will give you $5,142 in the next 5 years (2027). This is about 414.2% growth in five years.
There is also evidence of your current $1000 investment in AVCT stock bringing to your pocket $9,809 in the next 10 years (2033), which is about 880% growth in ten years.
Our statistics support the conclusion that AVCT holds positive signals for a great future.