A new trading day began on Friday, with PureCycle Technologies Inc (NASDAQ: PCT) stock price down -1.15% from the previous day of trading, before settling in for the closing price of $13.02. PCT’s price has ranged from $2.38 to $15.58 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -83.39%. 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 and Institutional Ownership
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 15.13%, while institutional ownership is 96.41%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -83.39% 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 -0.40 in one year’s time.
Technical Analysis of PureCycle Technologies Inc (PCT)
PureCycle Technologies Inc (NASDAQ: PCT) saw its 5-day average volume 2.53 million, a positive change from its year-to-date volume of 2.35 million. As of the previous 9 days, the stock’s Stochastic %D was 50.89%. Additionally, its Average True Range was 0.92.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 75.54%, which indicates a significant increase from 57.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 115.13% in the past 14 days, which was higher than the 99.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.08, while its 200-day Moving Average is $6.40. Nevertheless, the first resistance level for the watch stands at $13.39 in the near term. At $13.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.20. If the price goes on to break the first support level at $12.58, it is likely to go to the next support level at $12.29. The third support level lies at $11.77 if the price breaches the second support level.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
With a market capitalization of 2.10 billion, the company has a total of 164,961K 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.