PureCycle Technologies Inc (PCT) concluded trading on Thursday at a closing price of $9.22, with 4.71 million shares of worth about $43.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 54.44% during that period and on February 27, 2025 the price saw a loss of about -2.64%. Currently the company’s common shares owned by public are about 173.49M shares, out of which, 158.75M shares are available for trading.
Stock saw a price change of -12.85% in past 5 days and over the past one month there was a price change of -5.58%. Year-to-date (YTD), PCT shares are showing a performance of -10.05% which increased to 62.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.50 but also hit the highest price of $15.58 during that period. The average intraday trading volume for PureCycle Technologies Inc shares is 2.13 million. The stock is currently trading -0.90% below its 20-day simple moving average (SMA20), while that difference is down -6.60% for SMA50 and it goes to 7.07% higher than SMA200.
PureCycle Technologies Inc (NASDAQ: PCT) currently have 173.49M outstanding shares and institutions hold larger chunk of about 72.29% of that.
The stock has a current market capitalization of $1.60B and its 3Y-monthly beta is at 1.61. It has posted earnings per share of -$1.51 in the same period. It has Quick Ratio of 1.63 while making debt-to-equity ratio of 1.52. 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 8.63% while standing at 7.21% over the month.
Stock’s fiscal year EPS is expected to rise by 63.44% while it is estimated to increase by 34.36% 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 TD Cowen on November 20, 2024 offering a Buy rating for the stock and assigned a target price range of between $10 and $15 to it. Coverage by Cantor Fitzgerald stated PureCycle Technologies Inc (PCT) stock as an Overweight in their note to investors on October 18, 2024, suggesting a price target of $14 for the stock. On August 09, 2024, TD Cowen Reiterated their recommendations, while on January 03, 2024, Craig Hallum Downgrade their ratings for the stock with a price target of $4. Stock get a Neutral rating from ROTH MKM on December 19, 2023.
