Purecycle Technologies Inc
PCT
$5.10
Closing
▼-0.78%
1D
▲25.93%
YTD
Market cap
$838.67M
52 week high
$11.89
52 week low
$2.39
Volume
515,723
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Market cap
$838.67M
Analysts' Rating
BUY
Price Target (Mean)
9.9
Total Analysts
6
P/E
Operating Margin
0.00%
Beta
1.59
Revenue Growth (Annual)
0.00%
52 week high
$11.89
52 week low
$2.39
Div. Yield
%
EPS Annual Growth
-108.57
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
PureCycle Technologies, Inc. is engaged in commercializing a patented purification recycling technology developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene into resin with near-virgin characteristics, called ultra-pure recycled (UPR) resin. The Company’s process includes two steps: Feed Pre-Processing (Feed PreP) and the use of the Technology for purification. The Feed PreP step collects, sorts, and prepares polypropylene waste (feedstock) for purification. The purification step is a purification recycling process that uses a combination of solvent, temperature, and pressure to return the feedstock to near-virgin condition through a novel configuration of commercially available equipment and unit operations. The purification process puts the plastic through a physical extraction process using critical fluids that both extract and filter out contaminants and purify the color, opacity, and odor of the plastic without changing the bonds of the polymer.
