Market Watch Highlights: PureCycle Technologies Inc (PCT) Ends on an Downturn Note at 5.19

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, PureCycle Technologies Inc’s stock clocked out at $5.19, down -2.26% from its previous closing price of $5.31. In other words, the price has decreased by -$2.26 from its previous closing price. On the day, 1.17 million shares were traded. PCT stock price reached its highest trading level at $5.5399 during the session, while it also had its lowest trading level at $5.14.

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 1.17 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.92.

On December 19, 2023, ROTH MKM Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $3.

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 Mar 08 ’24 when Musa Fernando bought 18,303 shares for $5.46 per share. The transaction valued at 99,934 led to the insider holds 68,413 shares of the business.

Somma Lawrence C bought 12,510 shares of PCT for $49,965 on Nov 16 ’23. The Chief Financial Officer now owns 420,371 shares after completing the transaction at $3.99 per share. On Nov 16 ’23, another insider, BOUCK STEVEN F, who serves as the Director of the company, bought 8,000 shares for $3.90 each. As a result, the insider paid 31,200 and bolstered with 41,640 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 854434944 and an Enterprise Value of 1141089408.

Stock Price History:

Over the past 52 weeks, PCT has reached a high of $11.89, while it has fallen to a 52-week low of $2.38. The 50-Day Moving Average of the stock is -3.96%, while the 200-Day Moving Average is calculated to be -1.22%.

Shares Statistics:

It appears that PCT traded 1.95M shares on average per day over the past three months and 1358010 shares per day over the past ten days. A total of 163.55M shares are outstanding, with a floating share count of 139.64M. Insiders hold about 15.18% of the company’s shares, while institutions hold 80.22% stake in the company. Shares short for PCT as of 1715731200 were 40353529 with a Short Ratio of 20.64, compared to 1713139200 on 38163750. Therefore, it implies a Short% of Shares Outstanding of 40353529 and a Short% of Float of 30.4.

Most Popular