PureCycle Technologies (PCT) Receives a Buy from Alembic Global
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According to TipRanks, Ahmed is a 4-star analyst with an average return of 3.0% and a 45.25% success rate. Ahmed covers the Basic Materials sector, focusing on stocks such as Celanese, TRONOX, and Air Products and Chemicals.
In addition to Alembic Global, PureCycle Technologies also received a Buy from Cantor Fitzgerald's Andres Sheppard in a report issued on May 5. However, yesterday, Craig-Hallum maintained a Hold rating on PureCycle Technologies (NASDAQ: PCT).
PCT market cap is currently $1.18B and has a P/E ratio of -3.75.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PCT in relation to earlier this year.
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