A Detailed Analysis Of PureCycle Technologies Inc (PCT)

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PureCycle Technologies Inc (NASDAQ:PCT) has a beta value of 1.60 and has seen 1.43 million shares traded in the last trading session. The company, currently valued at $815.62M, closed the last trade at $4.96 per share which meant it lost -$0.02 on the day or -0.40% during that session. The PCT stock price is -139.72% off its 52-week high price of $11.89 and 52.02% above the 52-week low of $2.38. The 3-month trading volume is 2.19 million shares.

PureCycle Technologies Inc (NASDAQ:PCT) trade information

Sporting -0.40% in the red in last session, the stock has traded in the red over the last five days, when the PCT stock price touched $4.96 or saw a rise of 6.59%. Year-to-date, PureCycle Technologies Inc shares have moved 22.47%, while the 5-day performance has seen it change -1.59%. Over the past 30 days, the shares of PureCycle Technologies Inc (NASDAQ:PCT) have changed -20.26%.

PureCycle Technologies Inc (PCT) estimates and forecasts

Figures show that PureCycle Technologies Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 4.42% over the past 6 months, with this year growth rate of 30.26%, compared to 19.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 6.30% and 57.10% for the next quarter.

4 analysts offering their estimates for the company have set an average revenue estimate of $1.15 million for the current quarter. 4 have an estimated revenue figure of $5.1 million for the next quarter concluding in Jun 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -650.29% over the past 5 years.

PCT Dividends

PureCycle Technologies Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.