Purecycle Technologies Inc's fundamentals are relatively healthy, with industry-average ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 87 out of 159 in the Professional & Commercial Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 11.83.In the medium term, the stock price is expected to trend down.Despite a very weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Purecycle Technologies Inc's Score
Industry at a Glance
Industry Ranking
87 / 159
Overall Ranking
227 / 4542
Industry
Professional & Commercial Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
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Negative
Purecycle Technologies Inc Highlights
StrengthsRisks
PureCycle Technologies, Inc. is commercializing a patented purification recycling technology, originally developed by The Procter & Gamble Company, for restoring waste polypropylene into resin with near-virgin characteristics, called PureFive resin. PureFive resin represents the recycled resin products it produces, including ultra-pure resin and other grades used for compounding to meet customer specifications. Its process includes three stepsFeed Pre-Processing collects, sorts, and prepares polypropylene waste for purification. Purification step is a purification recycling process that uses a combination of solvent, temperature, and pressure to return the feedstock to near-virgin condition through a novel configuration of commercially available equipment and unit operations. Compounding allows for the modification of the resin to meet the end user’s qualifications with melt flow, flexibility, clarity and strength being some of the properties that can be tailored through compounding.
Growing
The company is in a growing phase, with the latest annual income totaling USD 8.36M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 8.36M.
Overvalued
The company’s latest PE is -5.19, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 127.38M shares, decreasing 9.68% quarter-over-quarter.
PureCycle Technologies, Inc. is commercializing a patented purification recycling technology, originally developed by The Procter & Gamble Company, for restoring waste polypropylene into resin with near-virgin characteristics, called PureFive resin. PureFive resin represents the recycled resin products it produces, including ultra-pure resin and other grades used for compounding to meet customer specifications. Its process includes three stepsFeed Pre-Processing collects, sorts, and prepares polypropylene waste for purification. Purification step is a purification recycling process that uses a combination of solvent, temperature, and pressure to return the feedstock to near-virgin condition through a novel configuration of commercially available equipment and unit operations. Compounding allows for the modification of the resin to meet the end user’s qualifications with melt flow, flexibility, clarity and strength being some of the properties that can be tailored through compounding.