A new trading day began on Tuesday, with PureCycle Technologies Inc (NASDAQ: PCT) stock price up 9.71% from the previous day of trading, before settling in for the closing price of $9.27. PCT’s price has ranged from $2.38 to $10.06 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -80.71%. With a float of $140.04 million, this company’s outstanding shares have now reached $163.55 million.
The firm has a total of 146 workers. Let’s measure their productivity.
PureCycle Technologies Inc (PCT) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Pollution & Treatment Controls Industry. The insider ownership of PureCycle Technologies Inc is 15.11%, while institutional ownership is 97.30%. The most recent insider transaction that took place on Sep 13 ’24, was worth 20,000,003. In this transaction 10% Owner of this company bought 4,264,393 shares at a rate of $4.69, taking the stock ownership to the 33,050,456 shares. Before that another transaction happened on Mar 08 ’24, when Company’s Director bought 18,303 for $5.46, making the entire transaction worth $99,934. This insider now owns 68,413 shares in total.
PureCycle Technologies Inc (PCT) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.03 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 -80.71% per share during the next fiscal year.
PureCycle Technologies Inc (NASDAQ: PCT) Trading Performance Indicators
Here are PureCycle Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.54.
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 -0.34 in one year’s time.
Technical Analysis of PureCycle Technologies Inc (PCT)
Analysing the last 5-days average volume posted by the [PureCycle Technologies Inc, PCT], we can find that recorded value of 3.93 million was better than the volume posted last year of 2.29 million. As of the previous 9 days, the stock’s Stochastic %D was 89.15%. Additionally, its Average True Range was 0.74.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 98.61%, which indicates a significant increase from 98.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 188.39% in the past 14 days, which was higher than the 96.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.70, while its 200-day Moving Average is $5.42. Now, the first resistance to watch is $10.52. This is followed by the second major resistance level at $10.87. The third major resistance level sits at $11.48. If the price goes on to break the first support level at $9.55, it is likely to go to the next support level at $8.94. Now, if the price goes above the second support level, the third support stands at $8.59.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
With a market capitalization of 1.68 billion, the company has a total of 164,631K Shares Outstanding. Currently, annual sales are 0 K while annual income is -101,720 K. The company’s previous quarter sales were 0 K while its latest quarter income was -48,210 K.
