On Monday, PureCycle Technologies Inc (NASDAQ: PCT) opened lower -6.53% from the last session, before settling in for the closing price of $5.67. Price fluctuations for PCT have ranged from $2.38 to $11.89 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 29.10% at the time writing. With a float of $139.60 million, this company’s outstanding shares have now reached $163.55 million.
In an organization with 146 employees, it is important to assess its efficiency.
PureCycle Technologies Inc (PCT) Insider Updates
A key investor’s attitude towards the stock of the Pollution & Treatment Controls industry is another important factor to consider. The insider ownership of PureCycle Technologies Inc is 15.11%, while institutional ownership is 78.56%. The most recent insider transaction that took place on Mar 08 ’24, was worth 99,934. In this transaction Director of this company bought 18,303 shares at a rate of $5.46, taking the stock ownership to the 68,413 shares. Before that another transaction happened on Nov 16 ’23, when Company’s Chief Financial Officer bought 12,510 for $3.99, making the entire transaction worth $49,965. This insider now owns 420,371 shares in total.
PureCycle Technologies Inc (PCT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 29.10% per share during the next fiscal year.
PureCycle Technologies Inc (NASDAQ: PCT) Trading Performance Indicators
Check out the current performance indicators for PureCycle Technologies Inc (PCT). In the past quarter, the stock posted a quick ratio of 2.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of PureCycle Technologies Inc (PCT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.88 million. That was inferior than the volume of 2.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.55%. Additionally, its Average True Range was 0.39.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 69.32%, which indicates a significant increase from 0.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.94% in the past 14 days, which was lower than the 137.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.49, while its 200-day Moving Average is $6.18. However, in the short run, PureCycle Technologies Inc’s stock first resistance to watch stands at $5.58. Second resistance stands at $5.87. The third major resistance level sits at $6.01. If the price goes on to break the first support level at $5.15, it is likely to go to the next support level at $5.01. Assuming the price breaks the second support level, the third support level stands at $4.72.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
There are currently 164,444K shares outstanding in the company with a market cap of 871.53 million. Presently, the company’s annual sales total 0 K according to its annual income of -101,720 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -24,180 K.
