Stock Price, News, Quote and Profile of PURECYCLE TECHNOLOGIES INC(NASDAQ:PCT) stock

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PURECYCLE TECHNOLOGIES INC

NASDAQ:PCT (11/22/2024, 8:00:00 PM)

After market: 12.1895 +0.26 (+2.18%)

11.93

+0.24 (+2.05%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorMaterials

GICS IndustryChemicals

GICS SubIndustry

Chartmill FA Rating

Valuation

Growth

Profitability

Health

Dividend

Chartmill High Growth Momentum

EPS Q2Q%

Sales Q2Q%

CRS

6 Month118.9%

Overview

Earnings (Last)

Earnings (Next)

Ins Owners

Inst Owners

Market Cap2.07B

PEN/A

Fwd PEN/A

Dividend YieldN/A

Analysts

IPO

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Company Profile

Purecycle Technologies, Inc. engages in recycling waste polypropylene into virgin polymer. The company is headquartered in Jacksonville, Florida and currently employs 146 full-time employees. The company went IPO on 2020-06-11. Its process includes two steps: Feed Pre-Processing (Feed PreP) and the use of the Technology for purification. The Feed PreP step will collect, sort, and prepare polypropylene waste (feedstock) for purification. The 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. The purification process puts the plastic through a physical extraction process using critical fluids that both extract and filter out contaminants and purify the color, opacity, and odor of the plastic without changing the bonds of the polymer.