A new trading day began on Tuesday, with PureCycle Technologies Inc (NASDAQ: PCT) stock price down -7.16% from the previous day of trading, before settling in for the closing price of $10.9. PCT’s price has ranged from $5.40 to $17.37 over the past 52 weeks.
Annual sales at Industrials sector company slipped by -514.21% over the past five years. Meanwhile, its annual earnings per share averaged 30.29%. With a float of $175.18 million, this company’s outstanding shares have now reached $179.84 million.
Let’s look at the performance matrix of the company that is accounted for 157 employees.
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 2.74%, while institutional ownership is 74.17%. The most recent insider transaction that took place on Feb 06 ’25, was worth 4,996,596. In this transaction 10% Owner of this company bought 619,925 shares at a rate of $8.06, taking the stock ownership to the 34,077,574 shares.
PureCycle Technologies Inc (PCT) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.54 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.39% during the next five years compared to -514.21% 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 2.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 564.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.67, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach -0.61 in one year’s time.
Technical Analysis of PureCycle Technologies Inc (PCT)
PureCycle Technologies Inc (NASDAQ: PCT) saw its 5-day average volume 4.76 million, a positive change from its year-to-date volume of 3.0 million. As of the previous 9 days, the stock’s Stochastic %D was 7.61%.
During the past 100 days, PureCycle Technologies Inc’s (PCT) raw stochastic average was set at 2.82%, which indicates a significant decrease from 3.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.83 in the past 14 days, which was higher than the 0.80 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.40, while its 200-day Moving Average is $11.00. Nevertheless, the first resistance level for the watch stands at $10.53 in the near term. At $10.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.25. If the price goes on to break the first support level at $9.81, it is likely to go to the next support level at $9.50. The third support level lies at $9.09 if the price breaches the second support level.
PureCycle Technologies Inc (NASDAQ: PCT) Key Stats
With a market capitalization of 1.82 billion, the company has a total of 180,093K Shares Outstanding. Currently, annual sales are 0 K while annual income is -289,140 K. The company’s previous quarter sales were 1,650 K while its latest quarter income was -144,240 K.
