Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, PureCycle Technologies Inc’s stock clocked out at $7.77, up 1.83% from its previous closing price of $7.63. In other words, the price has increased by $1.83 from its previous closing price. On the day, 1.98 million shares were traded. PCT stock price reached its highest trading level at $7.84 during the session, while it also had its lowest trading level at $7.36.
Ratios:
To gain a deeper understanding of PCT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.59. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 2.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on November 20, 2024, Reiterated its Buy rating but revised its target price to $15 from $10 previously.
On October 18, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $14.
TD Cowen reiterated its Buy rating for the stock on August 09, 2024, while the target price for the stock was revised from $7.50 to $10.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 06 ’25 when SYLEBRA CAPITAL LLC bought 619,925 shares for $8.06 per share. The transaction valued at 4,996,596 led to the insider holds 34,077,574 shares of the business.
SYLEBRA CAPITAL LLC bought 4,264,393 shares of PCT for $20,000,003 on Sep 13 ’24. The 10% Owner now owns 33,050,456 shares after completing the transaction at $4.69 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PCT now has a Market Capitalization of 1393440768 and an Enterprise Value of 1800611840.
Stock Price History:
The Beta on a monthly basis for PCT is 1.68, which has changed by 0.28429747 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, PCT has reached a high of $15.58, while it has fallen to a 52-week low of $4.50. The 50-Day Moving Average of the stock is -14.14%, while the 200-Day Moving Average is calculated to be -12.18%.
Shares Statistics:
It appears that PCT traded 2.25M shares on average per day over the past three months and 2517040 shares per day over the past ten days. A total of 164.28M shares are outstanding, with a floating share count of 164.08M. Insiders hold about 8.51% of the company’s shares, while institutions hold 69.97% stake in the company. Shares short for PCT as of 1740700800 were 41814085 with a Short Ratio of 18.56, compared to 1738281600 on 39221971. Therefore, it implies a Short% of Shares Outstanding of 41814085 and a Short% of Float of 28.360000000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
