In today’s recent session, 0.8 million shares of the PureCycle Technologies Inc (NASDAQ:PCT) have been traded, and its beta is 1.81. Most recently the company’s share price was $9.97, and it changed around $0.62 or 6.63% from the last close, which brings the market valuation of the company to $1.79B. PCT at last check was trading at a discount to its 52-week high of $15.58, offering almost -56.27% off that amount. The share price’s 52-week low was $4.50, which indicates that the recent value has risen by an impressive 54.86% since then. We note from PureCycle Technologies Inc’s average daily trading volume that its 10-day average is 3.86 million shares, with the 3-month average coming to 2.91 million.
PureCycle Technologies Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.80. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended PCT as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
PureCycle Technologies Inc (NASDAQ:PCT) trade information
Instantly PCT has been showing a green trend so far today with a performance of 6.63% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 9.84 on recent trading daydecreased the stock’s daily price by -1.32%. The company’s shares are currently down -2.73% year-to-date, but still up 13.55% over the last five days. On the other hand, PureCycle Technologies Inc (NASDAQ:PCT) is 47.92% up in the 30-day period. We can see from the shorts that 49.91 million shares have been sold at a short interest cover period of 16.44 day(s).
The consensus price target as assigned by Wall Street analysts is $11, which translates to bulls needing to increase their stock price by 9.36% from its current value. Analyst projections state that PCT is forecast to be at a low of $6 and a high of $37.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -514.21%. PureCycle Technologies Inc earnings are expected to increase by 67.60% in 2025, but the outlook is positive 37.38% per year for the next five years.
PCT Dividends
PureCycle Technologies Inc’s next quarterly earnings report is expected to be released on 2025-May-06.
PureCycle Technologies Inc (NASDAQ:PCT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.73% of PureCycle Technologies Inc shares, and 80.50% of them are in the hands of institutional investors. The stock currently has a share float of 82.76%. PureCycle Technologies Inc stock is held by 323.0 institutions, with SYLEBRA CAPITAL LLC being the largest institutional investor. By 2024-06-30, it held 17.7261% of the shares, which is about 29.19 million shares worth $172.82 million.
VANGUARD GROUP INC, with 7.9294% or 13.06 million shares worth $77.31 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 4.42 shares worth $44.5 million, making up 2.46% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 3.76 shares worth around $37.82 million, which represents about 2.09% of the total shares outstanding.
