PureCycle Technologies Inc (NASDAQ: PCT) kicked off on Friday, up 1.48% from the previous trading day, before settling in for the closing price of $9.46. Over the past 52 weeks, PCT has traded in a range of $2.38-$10.68.
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While this was happening, its average annual earnings per share was recorded -80.71%. With a float of $140.00 million, this company’s outstanding shares have now reached $163.55 million.
Considering the fact that the conglomerate employs 146 people, you should pay attention to its efficiency factor.
PureCycle Technologies Inc (PCT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Pollution & Treatment Controls Industry. The insider ownership of PureCycle Technologies Inc is 15.11%, while institutional ownership is 97.31%. 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 the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.03 earnings per share (EPS), higher than consensus estimate (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 -80.71% per share during the next fiscal year.
PureCycle Technologies Inc (NASDAQ: PCT) Trading Performance Indicators
Take a look at PureCycle Technologies Inc’s (PCT) current performance indicators. Last quarter, 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)
Compared to the last year’s volume of 2.29 million, its volume of 2.25 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 58.21%. Additionally, its Average True Range was 0.73.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 82.57%, which indicates a significant increase from 82.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 171.62% in the past 14 days, which was higher than the 95.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.91, while its 200-day Moving Average is $5.49. Nevertheless, the first resistance level for the watch stands at $9.80 in the near term. At $9.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.21. If the price goes on to break the first support level at $9.38, it is likely to go to the next support level at $9.16. Now, if the price goes above the second support level, the third support stands at $8.96.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
The company with the Market Capitalisation of 1.58 billion has total of 164,631K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -101,720 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -48,210 K.
