PureCycle Technologies (NASDAQ:PCT) is a top small-cap industrial stock under $50, with a Hold rating from Craig-Hallum analyst Eric Stine. Analysts project a target price of $16, offering a 73.5% upside potential, with 4 Buy and 3 Hold ratings. CEO Dustin Olson highlights the company’s sustainability initiatives in the caps and closures market.
PureCycle Technologies (NASDAQ:PCT) achieves a 9.3% leap as new certification boosts future prospects. Recent sales of PureFive resins to a top global paint and coatings company for cap production demonstrate the company’s commitment to sustainability. The patented purification technology allows for efficient recycling of waste polypropylene into recycled resin for various industries.
Read more at Yahoo Finance: Here is Why Analysts are Looking at PureCycle Technologies (PCT)
