PureCycle Technologies Inc (PCT) concluded trading on Thursday at a closing price of $5.65, with 4.61 million shares of worth about $26.05 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -43.73% during that period and on Thursday the price saw a gain of about 14.84%. Currently the company’s common shares owned by public are about 163.55M shares, out of which, 126.12M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 29 times over the past 12 months. They bought 752,595 shares in 17 of the transactions. In 12 selling transactions, insiders dumped 42,922 shares.
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Stock saw a price change of 14.60% in past 5 days and over the past one month there was a price change of 74.92%. Year-to-date (YTD), PCT shares are showing a performance of 39.51% which decreased to -25.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.38 but also hit the highest price of $11.89 during that period. The average intraday trading volume for PureCycle Technologies Inc shares is 3.77 million. The stock is currently trading 39.11% above its 20-day simple moving average (SMA20), while that difference is up 44.47% for SMA50 and it goes to -14.17% lower than SMA200.
PureCycle Technologies Inc (NASDAQ: PCT) currently have 163.55M outstanding shares and institutions hold larger chunk of about 60.72% of that.
The stock has a current market capitalization of $926.94M and its 3Y-monthly beta is at 1.43. It has posted earnings per share of -$0.56 in the same period. It has Quick Ratio of 4.95 while making debt-to-equity ratio of 1.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PCT, volatility over the week remained 9.75% while standing at 9.87% over the month.
Analysts are in expectations that PureCycle Technologies Inc (PCT) stock would likely to be making an EPS of $GigaCloud Technology Inc in the current quarter, while forecast for next quarter EPS is $32.48 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Pacific Gas & Electric Co. which is $PTC Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $PureCycle Technologies, Inc. in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -38.11% while it is estimated to increase by 53.56% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on January 03, 2024 offering a Hold rating for the stock and assigned a target price of $4 to it.
