PureCycle Technologies (PCT) Scheduled to Post Quarterly Earnings on Tuesday

PureCycle Technologies (NYSE:PCT) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

PureCycle Technologies (NYSE:PCT) last issued its quarterly earnings data on Tuesday, March 5th. The company reported ($0.15) EPS for the quarter, topping the consensus estimate of ($0.23) by $0.08. On average, analysts expect PureCycle Technologies to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PureCycle Technologies Stock Up 1.9 %

Shares of PureCycle Technologies stock opened at $5.34 on Monday. PureCycle Technologies has a 52 week low of $2.38 and a 52 week high of $11.89. The business has a 50 day moving average price of $5.52 and a 200-day moving average price of $4.61. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.92 and a quick ratio of 2.92.

Insider Transactions at PureCycle Technologies

In related news, Director Fernando Musa acquired 18,303 shares of the stock in a transaction dated Friday, March 8th. The stock was purchased at an average cost of $5.46 per share, with a total value of $99,934.38. Following the completion of the purchase, the director now directly owns 68,413 shares in the company, valued at approximately $373,534.98. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 2.09% of the company’s stock.

PureCycle Technologies Company Profile

PureCycle Technologies, Inc engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries.