PureCycle Technologies Inc (NASDAQ: PCT) kicked off on Monday, up 8.30% from the previous trading day, before settling in for the closing price of $11.93. Over the past 52 weeks, PCT has traded in a range of $2.38-$15.58.
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While this was happening, its average annual earnings per share was recorded -113.02%. With a float of $147.25 million, this company’s outstanding shares have now reached $163.55 million.
In an organization with 146 employees, it is important to assess its efficiency. 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
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 15.13%, while institutional ownership is 92.19%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.15 earnings per share (EPS), higher than consensus estimate (set at -0.22) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -113.02% 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 1.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.51, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach -0.46 in one year’s time.
Technical Analysis of PureCycle Technologies Inc (PCT)
Let’s dig in a bit further. During the last 5-days, its volume was 2.21 million. That was inferior than the volume of 2.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 47.21%. Additionally, its Average True Range was 0.93.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 75.99%, which indicates a significant increase from 60.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.55% in the past 14 days, which was lower than the 103.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.97, while its 200-day Moving Average is $7.05. However, in the short run, PureCycle Technologies Inc’s stock first resistance to watch stands at $13.37. Second resistance stands at $13.83. The third major resistance level sits at $14.37. If the price goes on to break the first support level at $12.37, it is likely to go to the next support level at $11.83. Assuming the price breaks the second support level, the third support level stands at $11.37.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
The company with the Market Capitalisation of 2.29 billion has total of 173,492K 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 -90,640 K.
