PureCycle Technologies Inc (NASDAQ: PCT) is -32.10% lower on its value in year-to-date trading and has touched a low of $4.50 and a high of $15.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PCT stock was last observed hovering at around $6.95 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $6.96, the stock is 8.49% and -9.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing 0.14% at the moment leaves the stock -22.44% off its SMA200. PCT registered 37.82% gain for a year compared to 6-month loss of -51.33%. The firm has a 50-day simple moving average (SMA 50) of $7.6881 and a 200-day simple moving average (SMA200) of $8.9741.
The stock witnessed a -0.85% gain in the last 1 month and extending the period to 3 months gives it a -28.73%, and is 8.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.16% over the week and 10.90% over the month.
PureCycle Technologies Inc (PCT) has around 157 employees, a market worth around $1.25B and $0.00M in sales. Distance from 52-week low is 54.67% and -55.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-51.77%).
The EPS is expected to grow by 55.59% this year.
PureCycle Technologies Inc (PCT) Top Institutional Holders
306.0 institutions hold shares in PureCycle Technologies Inc (PCT), with institutional investors hold 77.72% of the company’s shares. The shares outstanding are 164.28M, and float is at 164.18M with Short Float at 28.50%. Institutions hold 75.65% of the Float.
The top institutional shareholder in the company is SYLEBRA CAPITAL LLC with over 29.19 million shares valued at $172.82 million. The investor’s holdings represent 17.7261% of the PCT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.06 million shares valued at $77.31 million to account for 7.9294 of the shares outstanding. The other top investors are LONGVIEW ASSET MANAGEMENT, LLC which holds 9.72 million shares representing 5.8998% and valued at over $57.52 million, while BLACKROCK INC. holds 5.6527 of the shares totaling 9.31 million with a market value of $55.11 million.
PureCycle Technologies Inc (PCT) Insider Activity
The most recent transaction is an insider purchase by SYLEBRA CAPITAL LLC, the company’s 10% Owner. SEC filings show that SYLEBRA CAPITAL LLC bought 619,925 shares of the company’s common stock on Feb 06 ’25 at a price of $8.06 per share for a total of $5.0 million. Following the purchase, the insider now owns 34.08 million shares.
PureCycle Technologies Inc disclosed in a document filed with the SEC on Sep 13 ’24 that SYLEBRA CAPITAL LLC (10% Owner) bought a total of 4,264,393 shares of the company’s common stock. The trade occurred on Sep 13 ’24 and was made at $4.69 per share for $20.0 million. Following the transaction, the insider now directly holds 33.05 million shares of the PCT stock.
