PureCycle Technologies (NASDAQ:PCTTU) Shares Up 6.9% – Here’s What Happened

PureCycle Technologies, Inc. (NASDAQ:PCTTUGet Free Report)’s share price was up 6.9% during trading on Thursday . The company traded as high as $12.40 and last traded at $12.00. Approximately 20,460 shares were traded during trading, an increase of 281% from the average daily volume of 5,365 shares. The stock had previously closed at $11.23.

PureCycle Technologies Price Performance

The firm has a 50-day simple moving average of $14.67 and a two-hundred day simple moving average of $11.80.

About PureCycle Technologies

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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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