In last trading session, PureCycle Technologies Inc (NASDAQ:PCT) saw 3.82 million shares changing hands with its beta currently measuring 1.63. Company’s recent per share price level of $5.24 trading at $0.57 or 12.21% at ring of the bell on the day assigns it a market valuation of $861.67M. That closing price of PCT’s stock is at a discount of -126.91% from its 52-week high price of $11.89 and is indicating a premium of 54.58% from its 52-week low price of $2.38. Taking a look at company’s average trading volume volume of 2.20 million if we extend that period to 3-months.
PureCycle Technologies Inc (NASDAQ:PCT) trade information
Upright in the green during last session for gaining 12.21%, in the last five days PCT remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $5.24 price level, adding 1.69% to its value on the day. PureCycle Technologies Inc’s shares saw a change of 29.38% in year-to-date performance and have moved 3.76% in past 5-day. PureCycle Technologies Inc (NASDAQ:PCT) showed a performance of -8.39% in past 30-days.
PureCycle Technologies Inc (PCT) estimates and forecasts
Statistics highlight that PureCycle Technologies Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 17.75% of value to its shares in past 6 months, showing an annual growth rate of 30.26% while that of industry is 19.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.15M for the same. And 4 analysts are in estimates of company making revenue of 5.1M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -650.29% during past 5 years.
PCT Dividends
PureCycle Technologies Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
