PureCycle Technologies, Inc. (NASDAQ:PCTTU – Get Rating)'s stock price dropped 4.3% during mid-day trading on Wednesday . The company traded as low as $7.70 and last traded at $7.70. Approximately 547 shares were traded during trading, a decline of 85% from the average daily volume of 3,534 shares. The stock had previously closed at $8.05.
PureCycle Technologies Stock Performance
The firm's fifty day moving average price is $8.35 and its 200 day moving average price is $9.31.
About PureCycle Technologies
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PureCycle Technologies, Inc produces recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled resin. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. The company was founded in 2015 and is headquartered in Orlando, Florida.
Further Reading
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