PureCycle Technologies (NASDAQ:PCTTU) Shares Down 11.2% – Time to Sell?

PureCycle Technologies, Inc. (NASDAQ:PCTTUGet Free Report)’s stock price dropped 11.2% during trading on Tuesday . The company traded as low as $9.90 and last traded at $9.90. Approximately 600 shares were traded during trading, a decline of 60% from the average daily volume of 1,495 shares. The stock had previously closed at $11.15.

PureCycle Technologies Price Performance

The business has a 50 day moving average price of $11.44 and a two-hundred day moving average price of $12.83.

PureCycle Technologies Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for PureCycle Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PureCycle Technologies and related companies with MarketBeat.com's FREE daily email newsletter.