PureCycle Technologies, Inc. (NASDAQ:PCTTW – Get Free Report) was up 7.4% on Thursday . The stock traded as high as $1.80 and last traded at $2.0410. Approximately 1,547 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 24,606 shares. The stock had previously closed at $1.90.
PureCycle Technologies Trading Up 7.4%
The business has a 50-day moving average price of $2.80 and a two-hundred day moving average price of $1.62.
About PureCycle Technologies
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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