Purecycle Stock Analysis


USD 8.73  0.33  3.93%   

The newest gain in Purecycle Technologies short term price appreciation may encourage private investors to take a closer look at the company as it is trading at a share price of 8.73 on 708,600 in trading volume. The company directors and management have successfully maneuvered the company at convenient times to take advantage of all market conditions in August. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.18. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the Purecycle Technologies partners.
Please check Your Equity Center.
The Purecycle Technologies stock analysis report makes it easy to digest most publicly released information about Purecycle Technologies and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Purecycle Stock analysis module also helps to analyze the Purecycle Technologies price relationship with some important fundamental indicators such as market cap and management efficiency.

Purecycle Stock Analysis Notes

About 33.0% of the company outstanding shares are owned by corporate insiders. The book value of Purecycle Technologies was at this time reported as 2.79. The company recorded a loss per share of 1.8. Purecycle Technologies had not issued any dividends in recent years. PureCycle Technologies, Inc. produces recycled polypropylene . The company was founded in 2015 and is headquartered in Orlando, Florida. Purecycle Technologies operates under Pollution Treatment Controls classification in the United States and is traded on NASDAQ Exchange. It employs 119 people. To find out more about Purecycle Technologies contact the company at 877 648 3565 or learn more at https://purecycletech.com.

Purecycle Technologies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Purecycle Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Purecycle Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Purecycle Technologies has very high historical volatility over the last 90 days
Purecycle Technologies has high likelihood to experience some financial distress in the next 2 years
Reported Net Loss for the year was (76.86 M).
Purecycle Technologies has about 417.93 M in cash with (50.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.56.
Roughly 33.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.prnewswire.com: Cincinnati Bengals Take Sustainability to Next Level with PureCycles Innovative PureZero Program - PR Newswire

Purecycle Technologies Thematic Classifications

In addition to having Purecycle Technologies stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Waste management, pollution control, and recycling

Purecycle Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Purecycle Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Purecycle Technologies backward and forwards among themselves. Purecycle Technologies' institutional investor refers to the entity that pools money to purchase Purecycle Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Sylebra Capital LtdCommon Shares29.2 M216.6 M
Vanguard Group IncCommon Shares10.5 M78.1 M
Samlyn Capital LlcCommon Shares9.6 M71.4 M
Blackrock IncCommon Shares6.5 M48.1 M
Abundance Wealth CounselorsCommon Shares5.8 M42.8 M
Bnp Paribas Asset Management Holding SaCommon Shares4.3 M31.6 M
Encompass Capital Advisors LlcCommon Shares4.2 M31.1 M
Shay Capital LlcCall Options734.9 K5.5 M
Note, although Purecycle Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Purecycle Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 1.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Purecycle Technologies's market, we take the total number of its shares issued and multiply it by Purecycle Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Management Efficiency

The entity has Return on Asset of (6.19) % which means that on every $100 spent on asset, it lost $6.19. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (16.99) %, meaning that it generated no profit with money invested by stockholders. Purecycle Technologies management efficiency ratios could be used to measure how well purecycle technologies manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 28th of September, Purecycle Technologies holds the Semi Deviation of 4.24, risk adjusted performance of 0.0405, and Coefficient Of Variation of 3457.92. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Purecycle Technologies, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Purecycle Technologies, which can be compared to its competitors. Please check Purecycle Technologies information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Purecycle Technologies is priced some-what accurately, providing market reflects its current price of 8.73 per share. Given that Purecycle Technologies has jensen alpha of 0.1754, we recommend you to check out Purecycle Technologies's recent market performance to make sure the company can sustain itself at a future point.

Purecycle Technologies Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Purecycle Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Purecycle Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Purecycle Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Purecycle Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Purecycle Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Purecycle Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Purecycle Technologies Predictive Daily Indicators

Purecycle Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Purecycle Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Purecycle Technologies Forecast Models

Purecycle Technologies time-series forecasting models is one of many Purecycle Technologies' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Purecycle Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Purecycle Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Purecycle Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Purecycle shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Purecycle Technologies. By using and applying Purecycle Stock analysis, traders can create a robust methodology for identifying Purecycle entry and exit points for their positions.
PureCycle Technologies, Inc. produces recycled polypropylene . The company was founded in 2015 and is headquartered in Orlando, Florida. Purecycle Technologies operates under Pollution Treatment Controls classification in the United States and is traded on NASDAQ Exchange. It employs 119 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Purecycle Technologies to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Bond Analysis Now


Bond Analysis

Evaluate and analyze corporate bonds as a potential investment for your portfolios.
All  Next Launch Module
Please check Your Equity Center. Note that the Purecycle Technologies information on this page should be used as a complementary analysis to other Purecycle Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Purecycle Stock analysis

When running Purecycle Technologies price analysis, check to measure Purecycle Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Global Correlations
Find global opportunities by holding instruments from different markets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Transaction History
View history of all your transactions and understand their impact on performance
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.
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 Purecycle Technologies value 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.