A new trading day began on Monday, with PureCycle Technologies Inc (NASDAQ: PCT) stock price down -3.87% from the previous day of trading, before settling in for the closing price of $9.31. PCT’s price has ranged from $3.75 to $15.58 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Meanwhile, its annual earnings per share averaged -128.25%. With a float of $158.97 million, this company’s outstanding shares have now reached $173.49 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
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 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) Earnings and Forecasts
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
Here are PureCycle Technologies Inc’s current performance indicators. According to the last quarter’s results, the 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 -0.60 in one year’s time.
Technical Analysis of PureCycle Technologies Inc (PCT)
Looking closely at PureCycle Technologies Inc (NASDAQ: PCT), its last 5-days average volume was 2.0 million, which is a jump from its year-to-date volume of 1.89 million. As of the previous 9 days, the stock’s Stochastic %D was 25.72%. Additionally, its Average True Range was 0.56.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 40.16%, which indicates a significant increase from 16.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.23% in the past 14 days, which was lower than the 97.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.03, while its 200-day Moving Average is $8.25. However, in the short run, PureCycle Technologies Inc’s stock first resistance to watch stands at $9.24. Second resistance stands at $9.52. The third major resistance level sits at $9.79. If the price goes on to break the first support level at $8.69, it is likely to go to the next support level at $8.42. Should the price break the second support level, the third support level stands at $8.14.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
With a market capitalization of 1.55 billion, the company has a total of 173,566K 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 -90,640 K.
