PureCycle Technologies (NASDAQ:PCTTW – Get Free Report) will likely be issuing its results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of ($0.2883) per share and revenue of $5.8090 million for the quarter.
PureCycle Technologies Trading Up 5.7%
NASDAQ:PCTTW opened at $1.85 on Tuesday. PureCycle Technologies has a one year low of $0.15 and a one year high of $5.20. The firm’s 50 day simple moving average is $2.51 and its 200 day simple moving average is $1.65.
PureCycle Technologies Company Profile
PureCycle Technologies, Inc is a sustainable materials company that develops and licenses patented recycling technology designed to restore post?consumer polypropylene waste to virgin?like quality. The company’s core business activity centers on an innovative solvent?based purification process, which removes contaminants and impurities from recycled polypropylene feedstock. This approach yields a product known as PureCycle Resin, a recycled polymer suitable for use in food?grade packaging, consumer goods, automotive components, and other applications that traditionally rely on virgin plastics.
PureCycle offers both proprietary technology licensing and finished?resin sales.
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