PureCycle Technologies Inc (NASDAQ: PCT) May Be Attracting Institutional Investments

After Hours

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.

Stocks Info

PureCycle Technologies Inc is listed on the NASDAQ as a member of the Industrials sector and is a part of the Pollution & Treatment Controls industry. The current market capitalization of PureCycle Technologies Inc is $1.72B. A total of 2.17 million shares were traded on the day, compared to an average of 2.57M 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.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, PCT has a high of $15.58 and a low of $3.13.

As of this writing, PCT has an earnings estimate of -$0.21 per share for the current quarter. EPS was calculated based on a consensus of 3.0 estimates, with a high estimate of -$0.15 per share and a lower estimate of -$0.25.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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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