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PureCycle Technologies Inc

PureCycle Technologies Inc (PCT)

13.28
0.36
(2.79%)
Closed 27 November 8:00AM
13.65
0.37
(2.79%)
After Hours: 11:56AM

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Key stats and details

Current Price
13.65
Bid
13.37
Offer
13.65
Volume
1,947,457
12.68 Day's Range 13.54
2.385 52 Week Range 15.5799
Market Cap
Previous Close
12.92
Open
12.85
Last Trade
36
@
13.65
Last Trade Time
Financial Volume
US$ 25,500,598
VWAP
13.0943
Average Volume (3m)
3,056,694
Shares Outstanding
164,961,308
Dividend Yield
-
PE Ratio
-21.52
Earnings Per Share (EPS)
-0.62
Revenue
-
Net Profit
-101.72M

About PureCycle Technologies Inc

PureCycle Technologies Inc holds a global license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into a virgin-like resin. The proprietary process removes color, odor and othe... PureCycle Technologies Inc holds a global license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into a virgin-like resin. The proprietary process removes color, odor and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market. Show more

Sector
Plastics,resins,elastomers
Industry
Plastics,resins,elastomers
Headquarters
Wilmington, Delaware, USA
Founded
-
PureCycle Technologies Inc is listed in the Plastics,resins,elastomers sector of the NASDAQ with ticker PCT. The last closing price for PureCycle Technologies was US$12.92. Over the last year, PureCycle Technologies shares have traded in a share price range of US$ 2.385 to US$ 15.5799.

PureCycle Technologies currently has 164,961,308 shares in issue. The market capitalisation of PureCycle Technologies is US$2.13 billion. PureCycle Technologies has a price to earnings ratio (PE ratio) of -21.52.

PureCycle Technologies (PCT) Options Flow Summary

Overall Flow

Bullish

Net Premium

669k

Calls / Puts

1,700.00%

Buys / Sells

240.00%

OTM / ITM

200.00%

Sweeps Ratio

11.11%

PCT Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
12.131318.502956062811.518713.69711.2601220249512.17379701CS
40.130.96153846153813.5214.310.875271799112.45348616CS
127.56124.1379310346.0915.57994.5305669410.58556953CS
268.17149.0875912415.4815.57994.523287678.88295082CS
529.8254.5454545453.8515.57992.38525567136.48065127CS
1561.7514.705882352911.915.57992.38519456576.95232906CS
260-18.3-57.276995305231.9535.752.38518093328.3488842CS

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PCT Discussion

View Posts
ANTADOG ANTADOG 3 weeks ago
great call, shorts are toast on the nxt update imvho ANT
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ANTADOG ANTADOG 3 weeks ago
PureCycle CEO Dustin Olson commented, "The third quarter represented meaningful progress for the Company on multiple fronts. The Company has significantly improved our rates, reliability, and product quality at Ironton. While there is still more work to be done, we are confident in continuing to move the Ironton Facility forward and pursuing nameplate capacity targets in the future. These achievements are allowing the Company to turn its focus toward the next phase of PureCycle's growth by ramping-up our commercialization efforts." Olson continued, "With positive customer feedback and initial success in commercial trials, Q3 was a pivotal time for the team. We are seeing strong interest in our product by leading companies from several market channels and plan to increase production to meet those needs. The Company believes this should lead to meaningful sales going into 2025."

Ironton Facility Update

As previously announced, the Ironton Facility hit three key production milestones before the end of the third quarter, including one million pounds of feedstock processed in a week; 200,000 pounds of feedstock processed in a day; and feed rates of more than 10,000 pounds per hour. Each of these targets was set with a focus on proving out specific elements of the plant. With the facility having shown greater reliability and uptime, the Company can focus on ramping toward nameplate capacity and improving product quality.

The equipment updates to the co-product 2 (CP2) removal system have been commissioned and are working as designed. In addition to the CP2 removal improvements, the Company advanced its sorting strategy in mid-October by commissioning a new 325,000 square foot facility located in Denver, Pennsylvania. The facility sorts mixed plastic bales using optical and robotic sorting technologies. With these technologies, the facility has been able to improve the polypropylene concentration of the mixed bales from ~60-80% to ~90-95%. The higher concentration of polypropylene combined with the improved CP2 removal system has led to greater output and improved quality at the Ironton Facility.

Commercial Update

The market continues to lack high quality recycled material and PureCycle offers an answer for companies looking to achieve their sustainability goals. Initial feedback from customers in the qualification process has been very positive and the Company is working to convert these trials into orders in the near future. The Company has produced and built meaningful inventory to meet near term expected demand and give customers confidence Ironton will be able to ramp-up to meet their needs.
fyi a keeper in my book ANT
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ANTADOG ANTADOG 3 weeks ago
Lookin' forward to numbers today and cc, just because of the huge short and their games, loads of cash on the side, me and the company lol ANT
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ANTADOG ANTADOG 1 month ago
volume intact, 6 million shares with 2,5 hours to go, ANT
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ANTADOG ANTADOG 1 month ago
jfyi shorty: you don't take out ur fire with fuel, but welcome anyway... ANT
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ANTADOG ANTADOG 1 month ago
15,46~~ ANT
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ANTADOG ANTADOG 1 month ago
15,07~~ ANT
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ANTADOG ANTADOG 1 month ago
almost 1 hour of tradin' and closin' in on 2 million shares traded, i like it, ANT
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ANTADOG ANTADOG 1 month ago
This puppy wants 15's today, jmho ANT
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ANTADOG ANTADOG 1 month ago
added some more just under 14, numbers soon, ANT
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ANTADOG ANTADOG 1 month ago
got it already, ANT
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chrispy2468 chrispy2468 1 month ago
All I can say is wow. I been following pct for like 2 years. Down to $4. How proud of this little guy getting up in the teens!! Feels like the beginning of a nice steady run.
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ANTADOG ANTADOG 1 month ago
14 million shares traded, it's a start.... ANT
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ANTADOG ANTADOG 1 month ago
Got that number as well, on to 20's in the near future? ANT
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ANTADOG ANTADOG 1 month ago
14,69~~ ANT
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TrendTrade2016 TrendTrade2016 1 month ago
HOLY SHIT BULLS
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ANTADOG ANTADOG 1 month ago
13,60~~ ANT
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ANTADOG ANTADOG 1 month ago
my nxt number, keeper for the future, ANT
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PonkenPlonken PonkenPlonken 1 month ago
pretty nice
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ANTADOG ANTADOG 1 month ago
12,50~~ ANT
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ANTADOG ANTADOG 1 month ago
12,37~~ ANT
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ANTADOG ANTADOG 1 month ago
ding ding ding 12's approachin', ANT
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ANTADOG ANTADOG 1 month ago
11,83~~ ANT
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ANTADOG ANTADOG 1 month ago
ORLANDO, FL / ACCESSWIRE / October 24, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Thursday, November 7, 2024, to provide an update on recent corporate developments. A press release discussing such developments and other activity from the third quarter will be provided prior to the conference call.

Third Quarter 2024 Conference Call Details
Date: Thursday, November 7, 2024
Time: 10:00 a.m. EST
Participant Link: PureCycle Technologies Third Quarter 2024 Corporate Update
FYI ANT
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ANTADOG ANTADOG 1 month ago
11,70~~ ANT
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ANTADOG ANTADOG 1 month ago
11,59~~ ANT
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ANTADOG ANTADOG 1 month ago
Let's burn some, we actually have the power to do so... jfyi ANT
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ANTADOG ANTADOG 1 month ago
11,47~~ ANT
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ANTADOG ANTADOG 1 month ago
any day now we'll enter 12's, stay tuned, ANT
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ANTADOG ANTADOG 1 month ago
churnin' on less and less shares, think twice b4 u sell, i added some 11's, ANT
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ANTADOG ANTADOG 1 month ago
350k shares traded after 1 hour, nice because it shows most are holdin', where will shorts get their shares? Lol ANT
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ANTADOG ANTADOG 1 month ago
14,50 my first target, imvho ANT
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ANTADOG ANTADOG 1 month ago
11,41~~ and shortie will start to feel it, hmm, don't u luv it? ANT
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ANTADOG ANTADOG 1 month ago
11,32~~ ANT
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ANTADOG ANTADOG 1 month ago
11,30~~ overseas buyin' for a squa eeze? Hmm ANT
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ANTADOG ANTADOG 1 month ago
11,21~~ ANT
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ANTADOG ANTADOG 1 month ago
I can feel the hunger, earnings a comin', ANT
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ANTADOG ANTADOG 1 month ago
pct 11,25~~ ANT
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ANTADOG ANTADOG 1 month ago
pct 11,20~~ ANT
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ANTADOG ANTADOG 1 month ago
pct 10,53 ~~ ANT
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Monksdream Monksdream 2 months ago
PCT under $10
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TrendTrade2016 TrendTrade2016 2 months ago
PCT HERES 10.00
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TrendTrade2016 TrendTrade2016 2 months ago
PCT...HERE COMES 10.00
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TrendTrade2016 TrendTrade2016 2 months ago
PCT READY FOR 10 BUCKS
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TrendTrade2016 TrendTrade2016 2 months ago
PCT HERE COMES 10.00
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TrendTrade2016 TrendTrade2016 2 months ago
PCT...BREAKING 9.00
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TrendTrade2016 TrendTrade2016 2 months ago
PCT...HERES 9.00 IN MINS
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TrendTrade2016 TrendTrade2016 2 months ago
PCT PUSH TO 9.00
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TrendTrade2016 TrendTrade2016 2 months ago
PCT...THERE IT GOES...LAST MARKET RALLY WE WILL SEE TO THE 17TH
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TrendTrade2016 TrendTrade2016 2 months ago
PCT BACK IN PLAY
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