PureCycle Technologies Inc (PCT) Moves 13.87% Higher: These Numbers are Too Good to be True

As on Thursday, PureCycle Technologies Inc (NASDAQ: PCT) got off with the flyer as it spiked 13.87% to $9.28, before settling in for the price of $8.15 at the close. Taking a more long-term approach, PCT posted a 52-week range of $2.38-$9.55.

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It was noted that the giant of the Industrials sector posted annual sales growth of 0.00% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -650.29%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -77.53%. This publicly-traded company’s shares outstanding now amounts to $163.55 million, simultaneously with a float of $140.04 million. The organization now has a market capitalization sitting at $1.53 billion. At the time of writing, stock’s 50-day Moving Average stood at $6.47, while the 200-day Moving Average is $5.34.

PureCycle Technologies Inc (PCT) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Pollution & Treatment Controls industry. PureCycle Technologies Inc’s current insider ownership accounts for 15.11%, in contrast to 91.19% institutional ownership. According to the most recent insider trade that took place on Sep 13 ’24, this organization’s 10% Owner bought 4,264,393 shares at the rate of 4.69, making the entire transaction reach 20,000,003 in total value, affecting insider ownership by 33,050,456. Preceding that transaction, on Mar 08 ’24, Company’s Director bought 18,303 for 5.46, making the whole transaction’s value amount to 99,934. This particular insider is now the holder of 68,413 in total.

PureCycle Technologies Inc (PCT) Earnings and Revenue Records

PureCycle Technologies Inc’s EPS decrease for this current 12-month fiscal period is -77.53% and is forecasted to reach -0.34 in the upcoming year.

PureCycle Technologies Inc (NASDAQ: PCT) Trading Performance Indicators

Let’s observe the current performance indicators for PureCycle Technologies Inc (PCT). It’s Quick Ratio in the last reported quarter now stands at 0.54. The Stock has managed to achieve an average true range (ATR) of 0.73.

In the same vein, PCT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.96, a figure that is expected to reach -0.20 in the next quarter, and analysts are predicting that it will be -0.34 at the market close of one year from today.

Technical Analysis of PureCycle Technologies Inc (PCT)

Through scrutinizing the latest numbers posted by the [PureCycle Technologies Inc, PCT], it can be observed that its last 5-days Average volume of 5.49 million was better the volume of 2.27 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 83.03% While, its Average True Range was 0.83.

Raw Stochastic average of PureCycle Technologies Inc (PCT) in the period of the previous 100 days is set at 92.46%, which indicates a major rise in contrast to 92.46% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 190.35% that was higher than 96.34% volatility it exhibited in the past 100-days period.