PureCycle Technologies Inc (NASDAQ: PCT) is 37.76% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PCT stock was last observed hovering at around $11.87 in the last trading session, with the day’s gains setting it 2.25%.
Currently trading at $14.12, the stock is 37.06% and 70.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.87 million and changing 18.96% at the moment leaves the stock 49.34% off its SMA200. PCT registered 145.57% gain for a year compared to 6-month loss of 17.18%.
The stock witnessed a 51.99% gain in the last 1 month and extending the period to 3 months gives it a 83.38%, and is 28.25% 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 8.43% over the week and 6.06% over the month.
PureCycle Technologies Inc (PCT) has around 157 employees, a market worth around $2.54B and $1.58M in sales. Profit margin for the company is -12322.59%. Distance from 52-week low is 213.78% and -9.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.78%).
The EPS is expected to grow by 65.39% this year.
PureCycle Technologies Inc (PCT) Top Institutional Holders
The shares outstanding are 179.53M, and float is at 164.20M with Short Float at 29.73%.
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.
