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 -52.16% away from its 52-week high, while its distance from the 52-week low is 65.63%. The stock’s price range during this period has varied between $4.50 and $15.58. The company, active in the Industrials sector, saw a trading volume of around 2.96 million for the day, considerably higher average daily volume of 2.65 million observed over the last three months.
PureCycle Technologies Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $15.58 on 10/25/24, and the lowest price during the same period was recorded at $4.50 on 09/10/24.
How Financial Performance Impacts Market Capitalization
PureCycle Technologies Inc (PCT) has experienced a quarterly decline of -13.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.34B and boasts a workforce of 157 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 8.58, with a change in price of -4.97. Similarly, PureCycle Technologies Inc recorded 2,408,673 in trading volume during the last 100 days, posting a change of -39.92%.
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 2.24. Similarly, the long-term debt-to-equity ratio is also 2.09.
PCT Stock Stochastic Average
As of today, the raw stochastic average of PureCycle Technologies Inc over the past 50 days is 39.54%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 85.47%. Additionally, the Stochastic %K and %D values for the company were 69.78% and 67.58%, respectively, over the past 20 days.
PCT Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -27.28%.However, over the last six months, we can see a stronger performance of -40.42%. Over the last 30 days, the price of PCT has fallen by 29.62%. And in the last five days, it has surged by 11.91%.
