PureCycle Technologies (NASDAQ:PCTTU) Shares Down 11.7%

PureCycle Technologies, Inc. (NASDAQ:PCTTUGet Free Report)’s stock price fell 11.7% on Thursday . The company traded as low as $10.00 and last traded at $10.00. 400 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 2,718 shares. The stock had previously closed at $11.32.

PureCycle Technologies Price Performance

The stock’s 50-day moving average price is $12.90 and its two-hundred day moving average price is $10.43.

PureCycle Technologies Company Profile

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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. PureCycle Technologies, Inc was founded in 2015 and is headquartered in Orlando, Florida.

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