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The closing price of PureCycle Technologies Inc (NASDAQ: PCT) was $8.48 for the day, down -2.14% from the previous closing price of $8.66. In other words, the price has decreased by -$2.14 from its previous closing price. On the day, 2.32 million shares were traded. PCT stock price reached its highest trading level at $9.06 during the session, while it also had its lowest trading level at $8.37.
Ratios:
Our analysis of PCT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.47.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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. On Mar 08 ’24, another insider, Musa Fernando, who serves as the Director of the company, bought 18,303 shares for $5.46 each. As a result, the insider paid 99,934 and bolstered with 68,413 shares of the company.
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 1505643136 and an Enterprise Value of 2150026752.
Stock Price History:
The Beta on a monthly basis for PCT is 1.63, which has changed by 0.92017734 over the last 52 weeks, in comparison to a change of 0.21659255 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 $4.25. The 50-Day Moving Average of the stock is -20.70%, while the 200-Day Moving Average is calculated to be 1.71%.
Shares Statistics:
PCT traded an average of 2.16M shares per day over the past three months and 2313330 shares per day over the past ten days. A total of 173.49M shares are outstanding, with a floating share count of 158.82M. Insiders hold about 8.50% of the company’s shares, while institutions hold 66.52% stake in the company. Shares short for PCT as of 1730332800 were 39264928 with a Short Ratio of 17.35, compared to 1727654400 on 44775003. Therefore, it implies a Short% of Shares Outstanding of 39264928 and a Short% of Float of 27.73.
