Purecycle Technologies Holdings Stock Price History

PCTTU Stock  USD 7.47  0.12  1.63%   
If you're considering investing in Purecycle Stock, it is important to understand the factors that can impact its price. As of today, the current price of Purecycle Technologies stands at 7.47, as last reported on the 24th of April, with the highest price reaching 7.47 and the lowest price hitting 7.47 during the day. Purecycle Technologies appears to be relatively risky, given 3 months investment horizon. Purecycle Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Purecycle Technologies' technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please evaluate Purecycle Technologies' Semi Deviation of 1.14, coefficient of variation of 495.63, and Risk Adjusted Performance of 0.1348 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Purecycle Technologies' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 169.1 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 262 M in 2024. . Price Earnings Ratio is likely to drop to -6.85 in 2024. Price Book Value Ratio is likely to drop to 1.50 in 2024. Purecycle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1557

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Estimated Market Risk

 6.27
  actual daily
55
55% of assets are less volatile

Expected Return

 0.98
  actual daily
19
81% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Purecycle Technologies is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Purecycle Technologies by adding it to a well-diversified portfolio.
Book Value
2.558
Enterprise Value
1.7 B
Shares Float
88.9 M
Earnings Share
(0.62)

Purecycle Technologies Stock Price History Chart

There are several ways to analyze Purecycle Stock price data. The simplest method is using a basic Purecycle candlestick price chart, which shows Purecycle Technologies price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 19, 20247.47
Lowest PriceJanuary 30, 20244.75

Purecycle Technologies April 24, 2024 Stock Price Synopsis

Various analyses of Purecycle Technologies' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Purecycle Stock. It can be used to describe the percentage change in the price of Purecycle Technologies from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Purecycle Stock.
Purecycle Technologies Price Rate Of Daily Change 1.02 
Purecycle Technologies Price Action Indicator 0.06 

Purecycle Technologies April 24, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Purecycle Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Purecycle Technologies intraday prices and daily technical indicators to check the level of noise trading in Purecycle Stock and then apply it to test your longer-term investment strategies against Purecycle.

Purecycle Stock Price History Data

The price series of Purecycle Technologies for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 has a statistical range of 3.9 with a coefficient of variation of 18.32. The price distribution for the period has arithmetic mean of 6.26. The median price for the last 90 days is 6.79.
OpenHighLowCloseVolume
04/24/2024
 7.35  7.47  7.47  7.47 
04/23/2024 7.47  7.47  7.47  7.47  1.00 
04/22/2024 7.47  7.47  7.47  7.47  1.00 
04/19/2024 7.47  7.47  7.47  7.47  151.00 
04/18/2024 7.35  7.35  7.35  7.35  1.00 
04/17/2024 7.35  7.35  7.35  7.35  1.00 
04/16/2024 7.35  7.35  7.35  7.35  1.00 
04/15/2024 7.35  7.35  7.35  7.35  1.00 
04/12/2024 7.35  7.35  7.35  7.35  1.00 
04/11/2024 7.35  7.35  7.35  7.35  1.00 
04/10/2024 7.35  7.35  7.35  7.35  1.00 
04/09/2024 7.35  7.35  7.35  7.35  1.00 
04/08/2024 7.35  7.35  7.35  7.35  1.00 
04/05/2024 7.35  7.35  7.35  7.35  1.00 
04/04/2024 7.35  7.35  7.35  7.35  1.00 
04/03/2024 7.35  7.35  7.35  7.35  8.00 
04/02/2024 7.35  7.35  7.35  7.35  1.00 
04/01/2024 7.35  7.35  7.35  7.35  1.00 
03/28/2024 7.35  7.35  7.35  7.35  1.00 
03/27/2024 7.35  7.35  7.35  7.35  300.00 
03/26/2024 7.35  7.35  7.35  7.35  1.00 
03/25/2024 7.35  7.35  7.35  7.35  1.00 
03/22/2024 7.35  7.35  7.35  7.35  300.00 
03/21/2024 7.34  7.34  7.34  7.34  106.00 
03/20/2024 7.37  7.37  7.37  7.37  302.00 
03/19/2024 6.04  6.04  6.04  6.04  1.00 
03/18/2024 6.04  6.04  6.04  6.04  190.00 
03/15/2024 6.11  6.11  6.11  6.11  30.00 
03/14/2024 6.11  6.11  6.11  6.11  30.00 
03/13/2024 6.11  6.11  6.11  6.11  1.00 
03/12/2024 6.11  6.11  6.11  6.11  1.00 
03/11/2024 6.11  6.11  6.11  6.11  30.00 
03/08/2024 6.11  6.11  6.11  6.11  1.00 
03/07/2024 6.11  6.11  6.11  6.11  1.00 
03/06/2024 7.03  7.03  6.11  6.11  100.00 
03/05/2024 6.83  6.83  6.78  6.78  501.00 
03/04/2024 6.79  6.79  6.79  6.79  10.00 
03/01/2024 6.79  6.79  6.79  6.79  100.00 
02/29/2024 6.79  7.00  6.79  7.00  400.00 
02/28/2024 6.89  6.89  6.89  6.89  1.00 
02/27/2024 6.89  6.89  6.89  6.89  1.00 
02/26/2024 6.89  6.89  6.89  6.89  1.00 
02/23/2024 6.89  6.89  6.89  6.89  1.00 
02/22/2024 6.89  6.89  6.89  6.89  1.00 
02/21/2024 6.89  6.89  6.89  6.89  1.00 
02/20/2024 6.89  6.89  6.89  6.89  124.00 
02/16/2024 7.32  7.32  7.32  7.32  202.00 
02/15/2024 5.18  5.18  5.18  5.18  1.00 
02/14/2024 5.18  5.18  5.18  5.18  1.00 
02/13/2024 5.18  5.18  5.18  5.18  1.00 
02/12/2024 5.18  5.18  5.18  5.18  6.00 
02/09/2024 5.18  5.18  5.18  5.18  446.00 
02/08/2024 5.22  5.22  5.22  5.22  1.00 
02/07/2024 5.22  5.22  5.22  5.22  5.00 
02/06/2024 5.22  5.22  5.22  5.22  324.00 
02/05/2024 4.70  5.17  4.70  5.17  777.00 
02/02/2024 4.75  4.75  4.75  4.75  1.00 
02/01/2024 4.75  4.75  4.75  4.75  1.00 
01/31/2024 4.75  4.75  4.75  4.75  1.00 
01/30/2024 4.80  4.86  4.75  4.75  566.00 
01/29/2024 4.86  4.86  4.86  4.86  1.00 

About Purecycle Technologies Stock history

Purecycle Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Purecycle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Purecycle Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Purecycle Technologies stock prices may prove useful in developing a viable investing in Purecycle Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding164 M126.2 M
Net Loss-76.3 M-80.1 M

Purecycle Technologies Stock Technical Analysis

Purecycle Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Purecycle Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Purecycle Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Purecycle Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Purecycle Technologies' price direction in advance. Along with the technical and fundamental analysis of Purecycle Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Purecycle to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Purecycle Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Purecycle Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Purecycle Technologies Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Purecycle Technologies Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purecycle Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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Is Purecycle Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Purecycle Technologies. If investors know Purecycle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Purecycle Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Return On Assets
(0.07)
Return On Equity
(0.22)
The market value of Purecycle Technologies is measured differently than its book value, which is the value of Purecycle that is recorded on the company's balance sheet. Investors also form their own opinion of Purecycle Technologies' value that differs from its market value or its book value, called intrinsic value, which is Purecycle Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Purecycle Technologies' market value can be influenced by many factors that don't directly affect Purecycle Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Purecycle Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Purecycle Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purecycle Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.