In the last trading session, 20.87 million shares of the PureCycle Technologies Inc (NASDAQ:PCT) were traded, and its beta was 1.86. Most recently the company’s share price was $14.12, and it changed around $2.25 or 18.96% from the last close, which brings the market valuation of the company to $2.54B. PCT currently trades at a discount to its 52-week high of $15.58, offering almost -10.34% off that amount. The share price’s 52-week low was $4.50, which indicates that the current value has risen by an impressive 68.13% since then. We note from PureCycle Technologies Inc’s average daily trading volume that its 10-day average is 4.64 million shares, with the 3-month average coming to 2.93 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 showed a green trend with a performance of 18.96% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 15.47 on recent trading dayincreased the stock’s daily price by 8.73%. The company’s shares are currently up 37.76% year-to-date, but still up 28.25% over the last five days. On the other hand, PureCycle Technologies Inc (NASDAQ:PCT) is 51.99% up in the 30-day period. We can see from the shorts that 48.81 million shares have been sold at a short interest cover period of 14.41 day(s).
The consensus price target as assigned by Wall Street analysts is $11, which translates to bulls needing to decrease their stock price by -28.36% 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 65.39% in 2025, but the outlook is positive 32.30% 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.
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.
