The stock of PureCycle Technologies Inc (PCT) has seen a 37.58% increase in the past week, with a -7.68% drop in the past month, and a -51.86% decrease in the past quarter. The volatility ratio for the week is 15.07%, and the volatility levels for the past 30 days are at 13.76% for PCT. The simple moving average for the past 20 days is 0.41% for PCT’s stock, with a -42.24% simple moving average for the past 200 days.

Is It Worth Investing in PureCycle Technologies Inc (NASDAQ: PCT) Right Now?

The 36-month beta value for PCT is also noteworthy at 1.50. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

The average price estimated by analysts for PCT is $9.90, which is $5.69 above than the current price. The public float for PCT is 126.48M, and at present, short sellers hold a 27.53% of that float. The average trading volume of PCT on November 21, 2023 was 3.19M shares.

PCT) stock’s latest price update

PureCycle Technologies Inc (NASDAQ: PCT)’s stock price has plunge by -4.54relation to previous closing price of 4.41. Nevertheless, the company has seen a 37.58% surge in its stock price over the last five trading sessions. PennyStocks reported 2023-11-17 that Ever wonder what signals to look for in the stock market today? Let’s talk about insider buying – a goldmine of clues that could lead you to the next prospect to add to your list of penny stocks to watch.

PCT Trading at -17.66% from the 50-Day Moving Average

After a stumble in the market that brought PCT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.59% of loss for the given period.

Volatility was left at 13.76%, however, over the last 30 days, the volatility rate increased by 15.07%, as shares sank -2.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -50.70% lower at present.

During the last 5 trading sessions, PCT rose by +37.58%, which changed the moving average for the period of 200-days by -49.82% in comparison to the 20-day moving average, which settled at $4.19. In addition, PureCycle Technologies Inc saw -37.72% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PCT starting from Somma Lawrence C, who purchase 12,510 shares at the price of $3.99 back on Nov 16. After this action, Somma Lawrence C now owns 420,371 shares of PureCycle Technologies Inc, valued at $49,965 using the latest closing price.

BOUCK STEVEN F, the Director of PureCycle Technologies Inc, purchase 8,000 shares at $3.90 during a trade that took place back on Nov 16, which means that BOUCK STEVEN F is holding 41,640 shares at $31,200 based on the most recent closing price.

Stock Fundamentals for PCT

The total capital return value is set at -11.83, while invested capital returns managed to touch -12.33. Equity return is now at value -18.20, with -8.92 for asset returns.

Based on PureCycle Technologies Inc (PCT), the company’s capital structure generated 48.96 points at debt to equity in total, while total debt to capital is 32.87. Total debt to assets is 29.04, with long-term debt to equity ratio resting at 48.96. Finally, the long-term debt to capital ratio is 32.87.

The liquidity ratio also appears to be rather interesting for investors as it stands at 6.17.

Conclusion

In summary, PureCycle Technologies Inc (PCT) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.