In a report released today, Eric Stine from Craig-Hallum maintained a Hold rating on PureCycle Technologies (PCT – Research Report). The company’s shares closed yesterday at $4.60.
According to TipRanks, Stine is a 3-star analyst with an average return of 1.0% and a 32.53% success rate. Stine covers the Industrials sector, focusing on stocks such as PureCycle Technologies, Chart Industries, and Plug Power.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PureCycle Technologies with a $7.75 average price target.
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The company has a one-year high of $11.89 and a one-year low of $2.39. Currently, PureCycle Technologies has an average volume of 4.06M.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PCT in relation to earlier this year.
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PureCycle Technologies (PCT) Company Description:
Roth CH Acquisition I Co is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
Read More on PCT:
- PureCycle Technologies Nears Bond Purchase Agreement
- PureCycle Technologies reaches agreement in principle to buy Ironton bonds
- Largest borrow rate increases among liquid names
- PureCycle provides Ironton purification facility production update
- Craig-Hallum downgrades PureCycle Technologies to Hold, cuts price target to $4
