PureCycle Technologies Inc (NASDAQ: PCT) is 131.16% 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 $13.11 in the last trading session, with the day’s loss setting it -9.68%.
Currently trading at $3.43M, the stock is 23.07% and 55.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.93 million and changing 3934404% at the moment leaves the stock 43.68% off its SMA200. PCT registered 34.63% gain for a year compared to 6-month loss of 29.33%. The firm has a 50-day simple moving average (SMA 50) of $8.8465 and a 200-day simple moving average (SMA200) of $9.6044.
The stock witnessed a 50.82% gain in the last 1 month and extending the period to 3 months gives it a 69.74%, and is 16.26% 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 4.45% over the week and 5.62% over the month.
PureCycle Technologies Inc (PCT) has around 157 employees, a market worth around $2.48B and $1.58M in sales. Profit margin for the company is -12322.59%. Distance from 52-week low is 206.67% and -11.42% 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 69.74% this year.
PureCycle Technologies Inc (PCT) Top Institutional Holders
321.0 institutions hold shares in PureCycle Technologies Inc (PCT), with institutional investors hold 82.82% of the company’s shares. The shares outstanding are 179.53M, and float is at 164.07M with Short Float at 29.75%. Institutions hold 80.50% 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.
