Momentum Is Strong For PureCycle Technologies Inc (NASDAQ: PCT)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Pollution & Treatment Controls industry segment, falling under the Industrials sector. The current market capitalization of PureCycle Technologies Inc is $2.30B. A total of 1.92 million shares were traded on the day, compared to an average of 2.95M shares.

In the most recent transaction, SYLEBRA CAPITAL LLC bought 4,264,393 shares of PCT for 4.69 per share on Sep 13 ’24. After the transaction, the 10% Owner now owns 33,050,456 company shares. In a previous transaction on Mar 08 ’24, Musa Fernando bought 18,303 shares at 5.46 per share. PCT shares that Director owns now total 68,413.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, PCT has a high of $15.58 and a low of $2.38.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PCT’s latest balance sheet shows that the firm has $200.78M in Cash & Short Term Investments as of fiscal 2021. There were $232.51M in debt and $38.46M in liabilities at the time. Its Book Value Per Share was $1.39, while its Total Shareholder’s Equity was $381.54M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PCT is Buy with a score of 4.20.

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