PCYO Stock Summary and Trading Ideas (Pure Cycle | NASDAQ:PCYO)

Pure Cycle Corp is a diversified land and water resource development company. It designs, constructs, manages, operates, and maintains water and wastewater systems. The firm operates in two business segments namely Water and wastewater resource development and Land development. It generates maximum revenue from the Land development segment. The company's services include water production, storage, treatment, bulk transmission to retail distribution systems, wastewater collection and treatment, irrigation water treatment and transmission, construction management, billing, and collection. The land resource development segment includes all the activities necessary to develop and sell finished lots.

Pure Cycle trades on the NASDAQ stock market under the symbol PCYO.

As of April 19, 2024, PCYO stock price climbed to $9.40 with 8,185 million shares trading.

PCYO has a beta of 1.17, meaning it tends to be more sensitive to market movements. PCYO has a correlation of 0.21 to the broad based SPY ETF.

PCYO has a market cap of $226.41 million. This is considered a Small Cap stock.

In the last 3 years, PCYO stock traded as high as $16.58 and as low as $7.77.

The top ETF exchange traded funds that PCYO belongs to (by Net Assets): VTI, IWM, VXF, IWO, VTWO.

PCYO has underperformed the market in the last year with a return of -2.5%, while the SPY ETF gained +22.2%. In the last 3 month period, PCYO fell short of the market, returning -6.7%, while SPY returned +5.1%. However, in the most recent 2 weeks PCYO has outperformed the stock market by returning -0.7%, while SPY returned -2.7%.

PCYO support price is $9.07 and resistance is $9.51 (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 PCYO stock will trade within this expected range on the day.