On Friday, PureCycle Technologies Inc (NASDAQ: PCT) was -2.49% drop from the session before settling in for the closing price of $12.05. A 52-week range for PCT has been $2.38 – $15.58.
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When this article was written, the company’s average yearly earnings per share was at -118.99%. With a float of $151.04 million, this company’s outstanding shares have now reached $173.49 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward PureCycle Technologies Inc stocks. The insider ownership of PureCycle Technologies Inc is 12.94%, while institutional ownership is 92.26%. 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
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 -118.99% per share during the next fiscal year.
PureCycle Technologies Inc (NASDAQ: PCT) Trading Performance Indicators
You can see what PureCycle Technologies Inc (PCT) is doing with its current performance indicators. In the most recent quarter, the stock posted 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)
PureCycle Technologies Inc (NASDAQ: PCT) saw its 5-day average volume 1.89 million, a negative change from its year-to-date volume of 2.37 million. As of the previous 9 days, the stock’s Stochastic %D was 5.58%. Additionally, its Average True Range was 0.82.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 65.43%, which indicates a significant increase from 5.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.01% in the past 14 days, which was lower than the 101.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.93, while its 200-day Moving Average is $7.54. Nevertheless, the first resistance level for the watch stands at $12.07 in the near term. At $12.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.62. If the price goes on to break the first support level at $11.51, it is likely to go to the next support level at $11.28. Assuming the price breaks the second support level, the third support level stands at $10.96.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
There are 173,492K outstanding shares of the company, which has a market capitalization of 1.99 billion. As of now, sales total 0 K while income totals -101,720 K. Its latest quarter income was 0 K while its last quarter net income were -90,640 K.
