PureCycle Technologies (NASDAQ:PCTTU) Trading Down 4.5% – Here’s What Happened

PureCycle Technologies, Inc. (NASDAQ:PCTTUGet Free Report) shares were down 4.5% during trading on Tuesday . The company traded as low as $17.12 and last traded at $17.12. Approximately 204 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 1,260 shares. The stock had previously closed at $17.92.

PureCycle Technologies Price Performance

The stock has a 50 day moving average of $10.83 and a 200 day moving average of $8.81.

About PureCycle Technologies

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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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