Shares of PureCycle Technologies, Inc. (NASDAQ:PCTTU – Get Free Report) shot up 29.6% during trading on Friday . The company traded as high as $11.25 and last traded at $11.25. 5,890 shares changed hands during mid-day trading, an increase of 195% from the average session volume of 1,999 shares. The stock had previously closed at $8.68.
PureCycle Technologies Stock Up 29.6 %
The company’s 50 day moving average is $7.95 and its 200-day moving average is $7.48.
About PureCycle Technologies
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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