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. For me, the price movement is not surprising.
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.
What does APXT stock do?
(“Apex” or “the Company”) ( NASDAQ: APXT), a publicly traded special purpose acquisition company, encourages every stockholder to vote their shares in favor of Apex Technology Acquisition Corp. (NASDAQ: APXT, “Apex”), a publicly-traded special purpose acquisition company, and AvePoint, Inc.
What is APXT target price?
Based on analyst ratings, Aptinyx’s 12-month average price target is $4.60.
Is APXT a good investment?
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.
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 AvePoint a good stock to buy?
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 +20.48% increase from the last price of 5.81.
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.
Is AVPT a good buy?
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.
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.
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.
What would a prospectus tell you about a company apex?
It will tell you how much cash a company has on hand, as well as the value of its assets, which could include property, machinery, or office space It will also tell you the dollar value of its debts, which is a critical number to know if you’re considering investing in any company.
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!.
Why is AvePoint stock so low?
The decline was largely due to the sell-off in SPACs in 2021 after an upward frenzy in late 2020 The sell-off brings AvePoint to a fair valuation considering the company’s long-term growth potential.
Is Cswc a good stock?
The financial health and growth prospects of CSWC, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this stock lacks momentum and would be a lackluster choice for momentum investors.
What brands does apex tools make?
Our portfolio of innovative powerhouse brands includes SATA®, GEARWRENCH®, Crescent®, Cleco®, Weller®, and APEX® We also manufacture select, premier private label mechanics tools. Across the board, our tools stand for quality, innovation and value.
What happened Apex Global?
Sherman Oaks, California-based brand management company Apex Global Brands Inc., whose portfolio includes Cherokee, Hi-Tec, and Interceptor, announced on Tuesday that it has entered into an agreement to be acquired by Galaxy Universal LLC.
What does apex global brands do?
APEX Global Brands is a global brand ownership and marketing organization that manages, creates and elevates a growing portfolio of high-equity lifestyle brands.
Sources
https://www.marketbeat.com/stocks/NASDAQ/APXT/news/
https://finance.yahoo.com/news/apex-technology-acquisition-corp-nasdaq-120000533.html
https://public.com/stocks/apxt
https://stocktwits.com/symbol/APXT
https://www.barchart.com/stocks/quotes/APXT
