On Tuesday, PureCycle Technologies Inc (NASDAQ: PCT) opened higher 2.90% from the last session, before settling in for the closing price of $9.49. Price fluctuations for PCT have ranged from $3.66 to $15.58 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -128.25% at the time writing. With a float of $158.97 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
A key investor’s attitude towards the stock of the Pollution & Treatment Controls industry is another important factor to consider. The insider ownership of PureCycle Technologies Inc is 8.41%, while institutional ownership is 71.69%. 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 -128.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.73% during the next five years compared to -650.29% drop over the previous five years of trading.
PureCycle Technologies Inc (NASDAQ: PCT) Trading Performance Indicators
Check out the current performance indicators for PureCycle Technologies Inc (PCT). In the past 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 -0.60 in one year’s time.
Technical Analysis of PureCycle Technologies Inc (PCT)
PureCycle Technologies Inc (NASDAQ: PCT) saw its 5-day average volume 1.9 million, a positive change from its year-to-date volume of 1.85 million. As of the previous 9 days, the stock’s Stochastic %D was 55.05%. Additionally, its Average True Range was 0.59.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 47.52%, which indicates a significant increase from 34.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.53% in the past 14 days, which was lower than the 100.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.20, while its 200-day Moving Average is $8.17. Nevertheless, the first resistance level for the watch stands at $9.96 in the near term. At $10.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.45. If the price goes on to break the first support level at $9.47, it is likely to go to the next support level at $9.18. Assuming the price breaks the second support level, the third support level stands at $8.98.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
There are currently 173,566K shares outstanding in the company with a market cap of 1.69 billion. Presently, the company’s annual sales total 0 K according to its annual income of -101,720 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -90,640 K.
