The Bottom Line on APXT Stock Since AvePoint is never going to generate huge growth and doesn’t have a transformative product or service , APXT stock is not a great name for growth investors And the company’s low margins and lack of profitability limit the attractiveness of the shares for conservative investors.
What is the price target for APXT?
Based on analyst ratings, Aptinyx’s 12-month average price target is $4.71.
Why is APXT down?
apex technology acquisition (NASDAQ:APXT) is suffering due to the wider SPAC sell-off APXT stock is down almost 20% in the last three months, with shares trading only marginally above the $10 SPAC offering price.
What is APXT merger date?
(NASDAQ: APXT) Recommends Stockholders Vote in Favor of the Proposed Business Combination with AvePoint. June 7, 2021 ·9 min read.
Who is the CEO of APXT?
What does Apex Technology Acquisition Corp do? Apex is a special purpose acquisition corporation led by co-CEOs Jeff Epstein , the former CFO of Oracle, and Brad Koenig, the former head of Goldman Sachs’ global technology investment banking team.
Is AvePoint a good investment?
AvePoint has received a consensus rating of moderate buy The company’s average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Is AVPT a SPAC?
(“AvePoint” or the “Company”), the largest Microsoft 365 data management solutions provider, announced today the completion of its previously announced business combination with Apex Technology Acquisition Corporation (“Apex”), a publicly traded special purpose acquisition company or SPAC.
How do I invest in Epic Games?
Although Epic has shares, they’re not currently available to the public for purchase. The only way to get a piece of Epic is to buy into its outside investors, such as Tencent or Sony.
What does APEX technology do?
Apex Technology Systems, Inc. is an information technology company based in central New Jersey since 1997. We specialize in IT consulting, staffing, application development, and infrastructure management , delivered within budget and time-frame.
Who acquired Apex?
Under the terms of the agreement, which has been unanimously approved by the members of the Apex Board of Directors, Galaxy Universal LLC will acquire all of the outstanding shares of Apex for $2.00 per share in cash. Apex has 564,000 shares outstanding.
Who did AvePoint merge?
(“AvePoint” or the “Company”), the largest Microsoft 365 data management solutions provider, announced today the completion of its previously announced business combination with Apex Technology Acquisition Corporation (“Apex”), a publicly traded special purpose acquisition company or SPAC.
Is AvePoint undervalued?
What is AvePoint worth? The stock is currently trading at US$6.64 on the share market, which means it is overvalued by 27% compared to my intrinsic value of $5.23. Not the best news for investors looking to buy!.
Is AvePoint a good company?
In the 2014 Microsoft Partner of the year awards, AvePoint was named the winner of the Public Sector Partner of the Year, Public Safety/National Security category and was a finalist in the Office and SharePoint App Developer Partner of the Year category.
Should I sell AVPT?
Out of 5 analysts, 1 (20%) are recommending AVPT as a Strong Buy, 2 (40%) are recommending AVPT as a Buy, 2 (40%) are recommending AVPT as a Hold, 0 (0%) are recommending AVPT as a Sell, and 0 (0%) are recommending AVPT as a Strong Sell.
Will AVPT go up?
AvePoint Inc (NASDAQ:AVPT) The 5 analysts offering 12-month price forecasts for AvePoint Inc have a median target of 7.00, with a high estimate of 12.00 and a low estimate of 6.00 The median estimate represents a +17.35% increase from the last price of 5.97.
Is AvePoint public?
AvePoint Takes Advantage Of SPAC For Its IPO This was the first data protection and data management technology developer to go public in some time. AvePoint is unusual in that it went public as a profitable company.
Can you buy shares of Epic?
Unfortunately for investors, it’s not possible to buy Epic Games stock since it is a privately held company ; As a retail investor, you will be unable to purchase Epic Games stock through a stock exchange or brokerage account. Instead, investors can consider some of Epic Games competitors or Tencent Holdings.
Is epic a good investment?
Price-To-Earnings vs Peers: EPIC is good value based on its Price-To-Earnings Ratio (4.6x) compared to the peer average (5x).
Who owns Epic Gaming?
Tim Sweeney is cofounder and CEO of Cary, North Carolina game developer Epic Games. The private company is the maker of Fortnite, one of the world’s most popular games, with over 400 million players.
What is a apex?
Definition of apex 1a : the uppermost point : vertex the apex of a mountain. b : the narrowed or pointed end : tip the apex of the tongue. 2 : the highest or culminating point the apex of his career.
Citations
https://investorplace.com/2021/06/avepoints-lack-of-profitability-makes-apxt-stock-unattractive/
https://finance.yahoo.com/news/apex-technology-acquisition-corp-nasdaq-120000533.html
https://www.nasdaq.com/articles/apxt-stock%3A-theres-a-great-story-behind-this-spac-2021-06-10
https://www.marketwatch.com/investing/stock/apxt
https://www.bloomberg.com/quote/APXT:US
