PureCycle Technologies Inc (NASDAQ: PCT) on Friday, plunged -2.91% from the previous trading day, before settling in for the closing price of $5.84. Within the past 52 weeks, PCT’s price has moved between $2.38 and $10.53.
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The company achieved an average annual earnings per share of -78.49%. With a float of $139.90 million, this company’s outstanding shares have now reached $163.55 million.
Let’s determine the extent of company efficiency that accounts for 146 employees. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
PureCycle Technologies Inc (PCT) Breakdown of a Key Holders of the stock
Observing investor behavior towards Pollution & Treatment Controls industry stocks is more important than anything else. The insider ownership of PureCycle Technologies Inc is 15.14%, while institutional ownership is 88.61%. 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 Director bought 8,000 for $3.90, making the entire transaction worth $31,200. This insider now owns 41,640 shares in total.
PureCycle Technologies Inc (PCT) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.03 earnings per share (EPS) for the period topping the consensus outlook (set at -0.16) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -78.49% per share during the next fiscal year.
PureCycle Technologies Inc (NASDAQ: PCT) Trading Performance Indicators
PureCycle Technologies Inc (PCT) is currently performing well based on its current performance indicators. A quick ratio of 0.54 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.96, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.36 in one year’s time.
Technical Analysis of PureCycle Technologies Inc (PCT)
Looking closely at PureCycle Technologies Inc (NASDAQ: PCT), its last 5-days average volume was 1.93 million, which is a drop from its year-to-date volume of 2.18 million. As of the previous 9 days, the stock’s Stochastic%D was 17.27%. Additionally, its Average True Range was 0.50.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 33.43%, which indicates a significant increase from 6.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.10% in the past 14 days, which was lower than the 65.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.12, while its 200-day Moving Average is $5.06. However, in the short run, PureCycle Technologies Inc’s stock first resistance to watch stands at $5.91. Second resistance stands at $6.15. The third major resistance level sits at $6.33. If the price goes on to break the first support level at $5.49, it is likely to go to the next support level at $5.31. Now, if the price goes above the second support level, the third support stands at $5.07.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
Market capitalization of the company is 935.32 million based on 164,631K outstanding shares. Right now, sales total 0 K and income totals -101,720 K. The company made 0 K in profit during its latest quarter, and -48,210 K in sales during its previous quarter.
