PureCycle Technologies Inc (PCT) concluded trading on Wednesday at a closing price of $11.79, with 3.71 million shares of worth about $43.73 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 119.14% during that period and on November 13, 2024 the price saw a loss of about -6.87%. 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 -11.75% in past 5 days and over the past one month there was a price change of 21.17%. Year-to-date (YTD), PCT shares are showing a performance of 191.11% which increased to 285.29% 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 $15.58 during that period. The average intraday trading volume for PureCycle Technologies Inc shares is 2.83 million. The stock is currently trading -5.66% below its 20-day simple moving average (SMA20), while that difference is up 16.31% for SMA50 and it goes to 74.49% 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 96.99% of that.
The stock has a current market capitalization of $1.94B and its 3Y-monthly beta is at 1.57. 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 12.50% while standing at 9.48% over the month.
Stock’s fiscal year EPS is expected to drop by -92.18% while it is estimated to increase by 63.58% 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.
