(NASDAQ:AVCT) announcement

American Virtual Cloud Technologies


Company Name: American Virtual Cloud Technologies, Inc. 

Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more


Here's Who Just Picked Up Scientific Industries Inc....
Lexicon Pharmaceuticals LXRX Stock Price is up 21%, ...
NanoVibronix Inc (NASDAQ:NAOV) Is About To Hit $3: A...


Company Name: American Virtual Cloud Technologies, Inc. 

Ticker: (AVCT)

Exchange: NASDAQ

Website: avctechnologies.com kandy.io 

Company Summary:

AVCT American Virtual Cloud Technologies, Inc. (“AVCT”; Nasdaq: AVCT) is a premier global IT solutions provider offering a comprehensive bundle of services including unified cloud communications, managed services, cybersecurity, and enhanced connectivity.

Consequently, their mission is to provide global technology solutions with a superior customer experience.

In 2020, American Virtual Cloud Technologies, Inc., acquired Computex Technology Group and Kandy Communications. 

Kandy, an AVCtechnologies company, is a cloud-based, real-time communications platform.

Moreover, It offers proprietary UCaaS, CPaaS, CCaaS, Microsoft Teams Direct Routing as a Service, and SIP Trunking as a Service capabilities.

Kandy enables service providers, enterprises, software vendors, systems integrators, partners, and developers to enrich their applications.

Also, it services with real-time contextual communications, providing a more engaging user experience.

Moreover, with Kandy, companies of all sizes and types can quickly embed real-time communications capabilities into their existing applications and business processes. 

Why did it go up?

Dec. 15, 2021 (GLOBE NEWSWIRE) — American Virtual Cloud Technologies, Inc.’s (AVCtechnologies) (Nasdaq: AVCT) Kandy Communications business unit (Kandy).

Kandy is also a global leader in secure and intelligent cloud communications, today announced that full Public Switched Telephone Network (PSTN) replacement services.

Kandy is now available in Brazil and China, bringing the total number of countries serviced by Kandy’s voice network to 40.

Therefore, you can see the positive results this news can yield.

5 Day Chart

1 Day Chart

Technical Analysis:

Since the news, I like this stock for a quick scalp. It is consolidating in a bullish trend and will have a pretty clean run to resistance at $2.38 which represents a $.20 (8.5%) return per share.

If it haves trouble at $2.38 a trader could exit and take that 8% and run or if it glides past it, you’re in a great position for a run. I like it! 

For more articles like this, please visit this featured article HERE.

In closing, remember traders to always trade with stop losses and never try to catch a falling knife!

Stay in the lopp :

Therma Bright Inc (TSXV:THRM) (OTCQB:TBRIF) S...

The medical devices industry has grown at a decent clip over the course of the past years and one of the companies which

PEMIF Stock Price | Official Reversal - Detai...

Pure Energy Minerals PEMIF stock price has been changing radically lately, breaking out of it's bearish trend, keep reading to find out more.

Legion Partners Asset Management is Buying Fo...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Foster L B Co (NASDAQ:FSTR) reported that Legion Partners Asset

related post

Skip to content