PureCycle Technologies (NASDAQ:PCTTU) Trading 1.8% Higher – Should You Buy?

Shares of PureCycle Technologies, Inc. (NASDAQ:PCTTUGet Free Report) traded up 1.8% during trading on Friday . The company traded as high as $17.80 and last traded at $17.80. 340 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 2,498 shares. The stock had previously closed at $17.49.

PureCycle Technologies Stock Up 1.8%

The stock’s 50-day moving average price is $16.66 and its 200 day moving average price is $12.71.

PureCycle Technologies Company Profile

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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.

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