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PureCycle Technologies (NASDAQ:PCTTU) Shares Up 1.5%

Defense World ·  Mar 11, 2023 03:25

Shares of PureCycle Technologies, Inc. (NASDAQ:PCTTU – Get Rating) shot up 1.5% during trading on Friday . The stock traded as high as $7.63 and last traded at $7.29. 2,680 shares were traded during trading, a decline of 12% from the average session volume of 3,037 shares. The stock had previously closed at $7.19.

PureCycle Technologies Stock Performance

The company's 50-day simple moving average is $9.94 and its 200 day simple moving average is $10.14.

About PureCycle Technologies

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PureCycle Technologies, Inc produces recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled resin. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. The company was founded in 2015 and is headquartered in Orlando, Florida.

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