Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
PureCycle Technologies Inc (NASDAQ: PCT) closed the day trading at $8.65 down -5.26% from the previous closing price of $9.13. In other words, the price has decreased by -$5.26 from its previous closing price. On the day, 3.43 million shares were traded.
Ratios:
For a better understanding of PCT, let’s look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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.
Stock Price History:
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 -10.32%, while the 200-Day Moving Average is calculated to be -0.95%.
Shares Statistics:
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 69.98% stake in the company.
