PureCycle Technologies Inc (PCT) concluded trading on Thursday at a closing price of $14.30, with 14.42 million shares of worth about $206.23 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 183.17% during that period and on October 24, 2024 the price saw a gain of about 29.53%. Currently the company’s common shares owned by public are about 163.55M shares, out of which, 140.00M shares are available for trading.
Stock saw a price change of 43.29% in past 5 days and over the past one month there was a price change of 47.42%. Year-to-date (YTD), PCT shares are showing a performance of 253.09% which increased to 214.98% 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 $11.46 during that period. The average intraday trading volume for PureCycle Technologies Inc shares is 2.41 million. The stock is currently trading 43.67% above its 20-day simple moving average (SMA20), while that difference is up 75.61% for SMA50 and it goes to 135.45% higher than SMA200.
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PureCycle Technologies Inc (NASDAQ: PCT) currently have 163.55M outstanding shares and institutions hold larger chunk of about 96.38% of that.
The stock has a current market capitalization of $2.36B and its 3Y-monthly beta is at 1.67. It has posted earnings per share of -$0.96 in the same period. It has Quick Ratio of 0.54 while making debt-to-equity ratio of 1.17. 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 12.11% while standing at 7.72% over the month.
Stock’s fiscal year EPS is expected to drop by -83.39% while it is estimated to increase by 65.63% 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 Cantor Fitzgerald on October 18, 2024 offering an Overweight rating for the stock and assigned a target price of $14 to it. Coverage by TD Cowen stated PureCycle Technologies Inc (PCT) stock as a Buy in their note to investors on August 09, 2024, suggesting a price target of $10 for the stock. On January 03, 2024, Craig Hallum Downgrade their recommendations, while on December 19, 2023, ROTH MKM Downgrade their ratings for the stock with a price target of $3. Stock get a Perform rating from Oppenheimer on November 09, 2023.
