PureCycle Technologies Inc (NASDAQ: PCT) on Tuesday, soared 3.84% from the previous trading day, before settling in for the closing price of $9.37. Within the past 52 weeks, PCT’s price has moved between $2.38 and $10.68.
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The company achieved an average annual earnings per share of -80.71%. With a float of $140.00 million, this company’s outstanding shares have now reached $163.55 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider Updates
Observing investor behavior towards Pollution & Treatment Controls industry stocks is more important than anything else. The insider ownership of PureCycle Technologies Inc is 15.13%, while institutional ownership is 97.42%. 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) Performance Highlights and Predictions
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
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 -0.34 in one year’s time.
Technical Analysis of PureCycle Technologies Inc (PCT)
PureCycle Technologies Inc (NASDAQ: PCT) saw its 5-day average volume 1.53 million, a negative change from its year-to-date volume of 2.24 million. As of the previous 9 days, the stock’s Stochastic %D was 69.80%. Additionally, its Average True Range was 0.63.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 84.67%, which indicates a significant increase from 77.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.69% in the past 14 days, which was lower than the 94.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.41, while its 200-day Moving Average is $5.80. Nevertheless, the first resistance level for the watch stands at $10.02 in the near term. At $10.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.74. If the price goes on to break the first support level at $9.30, it is likely to go to the next support level at $8.87. Assuming the price breaks the second support level, the third support level stands at $8.59.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
Market capitalization of the company is 1.61 billion 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.
