PureCycle Technologies Inc (NASDAQ:PCT) shares, rose in value on Wednesday, June 18, with the stock price down by -3.05% to the previous day’s close as strong demand from buyers drove the stock to $13.69.
Actively observing the price movement in the last trading, the stock closed the session at $14.12, falling within a range of $13.41 and $15.19. The value of beta (5-year monthly) was 1.85. Referring to stock’s 52-week performance, its high was $15.58, and the low was $4.50. On the whole, PCT has fluctuated by 55.92% over the past month.
With the market capitalization of PureCycle Technologies Inc currently standing at about $2.46 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 38M, with a low estimate of 2.4M and a high estimate of 8.08M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.04M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PCT’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of PCT currently trading nearly 29.78% and 62.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 75.95, while the 7-day volatility ratio is showing 9.60% which for the 30-day chart, stands at 6.15%. Furthermore, PureCycle Technologies Inc (PCT)’s beta value is 1.85, and its average true range (ATR) is 0.94.
A comparison of PureCycle Technologies Inc (PCT) with its peers suggests the former has fared considerably weaker in the market. PCT showed an intraday change of -3.05% in last session, and over the past year, it grew by 139.34%%.
Data on historical trading for PureCycle Technologies Inc (NASDAQ:PCT) indicates that the trading volumes over the past 10 days have averaged 5.18 and over the past 3 months, they’ve averaged 3.23 million. According to company’s latest data on outstanding shares, there are 179.53 million shares outstanding.
Nearly 8.56% of PureCycle Technologies Inc’s shares belong to company insiders and institutional investors own 74.48% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 48.81 million shares as on 2025-05-30, resulting in a short ratio of 14.41. According to the data, the short interest in PureCycle Technologies Inc (PCT) stood at 4547.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 49.91 million. The stock has risen by 33.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PCT stock heading into the next quarter.
