Purecycle Stock Today

PCT
 Stock
  

USD 8.73  0.33  3.93%   

Market Performance
8 of 100
Odds Of Distress
Over 51
Purecycle Technologies is selling for under 8.73 as of the 28th of September 2022; that is 3.93 percent up since the beginning of the trading day. The stock's last reported lowest price was 8.43. Purecycle Technologies has 51 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Purecycle Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of October 2021 and ending today, the 28th of September 2022. Click here to learn more.
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. The company has 125.03 M outstanding shares of which 19.63 M shares are at this time shorted by investors with about 12.75 days to cover. More on Purecycle Technologies

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Follow Valuation Odds of Bankruptcy
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Purecycle Technologies Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Purecycle Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Purecycle Technologies or challenge it. These highlights can help you better understand the position you are entering 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
Thematic IdeaRecycling (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Purecycle Technologies' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Purecycle Technologies (PCT) is traded on NASDAQ Exchange in USA and employs 119 people. 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. Purecycle Technologies runs under Industrials sector within Pollution & Treatment Controls industry. The entity has 125.03 M outstanding shares of which 19.63 M shares are at this time shorted by investors with about 12.75 days to cover. 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.
Check Purecycle Technologies Probability Of Bankruptcy
Ownership
Purecycle Technologies has a total of 125.03 Million outstanding shares. Over half of Purecycle Technologies outstanding shares are owned by third-party entities. These third-party entities are typically referred to corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Purecycle Technologies. Please watch out for any change in the institutional holdings of Purecycle Technologies as this could mean something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Purecycle Ownership Details

Purecycle Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Purecycle Technologies jumping above the current price in 90 days from now is about 41.49%. The Purecycle Technologies probability density function shows the probability of Purecycle Technologies stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Purecycle Technologies has a beta of 0.8001 indicating as returns on the market go up, Purecycle Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Purecycle Technologies will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1754, implying that it can generate a 0.18 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 8.73HorizonTargetOdds Above 8.73
58.39%90 days
 8.73 
41.49%
Based on a normal probability distribution, the odds of Purecycle Technologies to move above the current price in 90 days from now is about 41.49 (This Purecycle Technologies probability density function shows the probability of Purecycle Stock to fall within a particular range of prices over 90 days) .

Purecycle Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Purecycle Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Purecycle Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Purecycle Technologies' value.
InstituionSecurity TypeTotal SharesValue
Sylebra Capital LtdCommon Shares29.2 M216.6 M
Vanguard Group IncCommon Shares10.5 M78.1 M
Shay Capital LlcCall Options734.9 K5.5 M
View Purecycle Technologies Diagnostics

Purecycle Technologies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Purecycle Technologies market risk premium is the additional return an investor will receive from holding Purecycle Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Purecycle Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Purecycle Technologies' alpha and beta are two of the key measurements used to evaluate Purecycle Technologies' performance over the market, the standard measures of volatility play an important role as well.

Purecycle Stock Against Markets

Picking the right benchmark for Purecycle Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Purecycle Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Purecycle Technologies is critical whether you are bullish or bearish towards Purecycle Technologies at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Purecycle Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Purecycle Technologies?

The danger of trading Purecycle Technologies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Purecycle Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Purecycle Technologies. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Purecycle Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.
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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.
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.