PureCycle Technologies (NASDAQ:PCTTU) Trading 29.6% Higher

PureCycle Technologies, Inc. (NASDAQ:PCTTUGet Free Report)’s stock price shot up 29.6% on Friday . The company traded as high as $11.25 and last traded at $11.25. 5,890 shares traded hands during trading, an increase of 195% from the average session volume of 1,999 shares. The stock had previously closed at $8.68.

PureCycle Technologies Price Performance

The stock’s 50 day moving average price is $7.95 and its 200 day moving average price is $7.48.

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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