Let’s start up with the current stock price of PureCycle Technologies Inc. (PCT), which is $12.43 to be very precise. The Stock rose vividly during the last session to $12.765 after opening rate of $11.05 while the lowest price it went was recorded $10.70 before closing at $10.82.
Recently in News on May 16, 2021, Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline for Securities Fraud Class Action Lawsuit Filed Against PureCycle Technologies, Inc.. The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed against PureCycle Technologies, Inc. (NASDAQ: PCT) (“PureCycle”) f/k/a Roth CH Acquisition I Co. (“Roth Acquisition”) (NASDAQ: ROCH) on behalf of those who purchased or acquired PureCycle securities between November 16, 2020 and May 5, 2021, inclusive (the “Class Period”). You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, PureCycle Technologies Inc. shares are logging -65.23% during the 52-week period from high price, and 27.36% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.76 and $35.75.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2673432 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the PureCycle Technologies Inc. (PCT) recorded performance in the market was -22.94%, having the revenues showcasing -57.20% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.28B, as it employees total of 38 workers.
PureCycle Technologies Inc. (PCT) in the eye of market guru’s
During the last month, 1 analysts gave the PureCycle Technologies Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 22.49, with a change in the price was noted -1.88. In a similar fashion, PureCycle Technologies Inc. posted a movement of -13.14% for the period of last 100 days, recording 761,793 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PCT is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
PureCycle Technologies Inc. (PCT): Stocks Technical analysis and Trends
Raw Stochastic average of PureCycle Technologies Inc. in the period of last 50 days is set at 9.23%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 13.03%. In the last 20 days, the company’s Stochastic %K was 7.80% and its Stochastic %D was recorded 7.08%.
If we look into the earlier routines of PureCycle Technologies Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -22.94%. The shares -18.12% in the 7-day charts and went up by -55.84% in the period of the last 30 days. Common stock shares were lifted by -57.20% during last recorded quarter.