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PureCycle prices $395M capital raise via stock and notes; shares drop 14%
Seeking Alpha News (Thu, 11-Jun 1:43 AM ET)
Purecycle Technologies - Unit trades on the stock market under the symbol PCTTU.
As of June 11, 2026, PCTTU stock price was flat at $13.99 with 61 million shares trading.
PCTTU has a market cap of $0.00. This is considered a Sub-Micro Cap stock.
In the last 3 years, PCTTU traded as high as $23.85 and as low as $3.00.
PCTTU has underperformed the market in the last year with a price return of +7.6% while the SPY ETF gained +23.6%. However, in the short term, PCTTU had mixed performance relative to the market. It has outperformed in the last 3 months, returning +81.0% vs +9.2% return in SPY. But in the last 2 weeks, PCTTU shares have been beat by the market, returning -3.5% compared to an SPY return of -1.7%.
PCTTU support price is $12.43 and resistance is $15.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PCTTU shares will trade within this expected range on the day.