PureCycle Technologies commercializes a purification recycling technology for restoring waste polypropylene into resin, called ultra-pure recycled resin, which has applicability for reuse as virgin polypropylene. 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 configuration of commercially available equipment and unit operations. The purification process puts the plastic through a physical extraction process using 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. The PCT stock yearly return is shown above.
The yearly return on the PCT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PCT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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