PureCycle Technologies (NYSE:PCT) Upgraded by Zacks Investment Research to Hold

PureCycle Technologies stock has undergone multiple analysts rating changes in the recent past.  PureCycle Technologies Upgraded by Zacks Investment Research on 10/14/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Sell.

Shares of PureCycle Technologies traded down -$0.12 on Wednesday, reaching $14.20. 0 shares of the stock traded hands, compared to its average volume of 838324. Shares of PureCycle Technologies were trading at $14.20 on Wednesday. The firm’s 50 day moving average is $13.69 and its 200 day moving average is $19.43.PureCycle Technologies has a 12 month low of $13.59 and a 12 month high of $35.75. While on yearly highs and lows, PureCycle Technologies’s today has traded high as $14.48 and has touched $13.59 on the downward trend. See More Analyst Rating at: RATING

PureCycle Technologies Earnings and What to expect: 

PureCycle Technologies last announced its quarterly earnings results on August 12th, 2021. The reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.03. PureCycle Technologies has generated $0.00 earnings per share over the last year. Earnings for PureCycle Technologies are expected to grow in the coming year, from ($0.71) to ($0.70) per share. PureCycle Technologies has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 11th, 2021 based off prior year’s report dates.

Earnings for PureCycle Technologies are expected to grow in the coming year, from ($0.71) to ($0.70) per share. PureCycle Technologies has a P/B Ratio of 28.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

PureCycle Technologies (NYSE:PCT) Moving Average Technical Analysis

5 day Moving Average is $14.19 And 5 day price change is $1.53 (12.08%)  with average volume for 5 day average is 665,940. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $13.50 and 20 day price change is $1.45 (11.37%) and average 20 day moving volume is 823,125. 50 day moving average is $13.69  and 50 day price change is -$0.59 ( -3.99%)  and with average volume for 50 days is : 953,236. 200 day moving average is $19.43  and 200 day price change is -$2.62 (-15.58%)  and with average volume for 200 days is : 1,001,642.

Other owners latest trading in PureCycle Technologies :

  • On 10/12/2021 shares held by Koshinski Asset Management Inc. were 6,260 which equates to market value of $83K and appx 0.00% owners of PureCycle Technologies
  • On 10/12/2021 shares held by Peak Financial Advisors LLC were 37,269 which equates to market value of $0.50M and appx 0.40% owners of PureCycle Technologies
  • On 8/25/2021 shares held by Marshall Wace North America L.P. were 17,667 which equates to market value of $0.42M and appx 0.00% owners of PureCycle Technologies
  • In total Institutional ownership equates to Institutional Ownership Percentage: 39.79% for PureCycle Technologies

See More Analyst Rating at: RATING