Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. PureCycle Technologies Inc’s current trading price is -18.47% away from its 52-week high, while its distance from the 52-week low is 264.99%. The stock’s price range during this period has varied between $2.38 and $10.68. The company, active in the Industrials sector, saw a trading volume of around 0.61 million for the day, considerably lower average daily volume of 2.32 million observed over the last three months.
PureCycle Technologies Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $10.68 on 09/25/24, and the lowest price during that time was $2.38, recorded on 01/12/24.
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How Financial Performance Impacts Market Capitalization
PureCycle Technologies Inc (PCT) has experienced a quarterly rise of 52.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.44B and boasts a workforce of 146 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.58, with a change in price of +3.45. Similarly, PureCycle Technologies Inc recorded 2,032,995 in trading volume during the last 100 days, posting a change of +64.39%.
How PCT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for PCT stands at 1.17. Similarly, the long-term debt-to-equity ratio is also 1.15.
PCT Stock Stochastic Average
As of today, the raw stochastic average of PureCycle Technologies Inc over the past 50 days is 69.53%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 28.66%. Additionally, the Stochastic %K and %D values for the company were 55.54% and 67.46%, respectively, over the past 20 days.
PCT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 114.94%. However, over the past six months, we’ve seen a weaker performance of 48.30%. The price of PCT fallen by 28.77% over the last 30 days. And in the last five days, it has fallen by -3.39%.
