Pure Cycle Corporation Upgraded by Zacks to “Outperform” (PCYO)
Pure Cycle Corporation (NASDAQ:PCYO) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Wednesday, Analyst Ratings Network reports. The firm currently has a $7.30 price target on the stock. Zacks‘ price objective points to a potential upside of 15.32% from the company’s current price.
Pure Cycle Corporation (NASDAQ:PCYO) traded up 1.61% on Wednesday, hitting $6.33. The stock had a trading volume of 51,990 shares. Pure Cycle Corporation has a 1-year low of $2.75 and a 1-year high of $7.317. The stock has a 50-day moving average of $6.31 and a 200-day moving average of $5.79. The company’s market cap is $152.2 million.
Pure Cycle Corporation (NASDAQ:PCYO) last announced its earnings results on Wednesday, November 27th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.14.
Pure Cycle Corporation is a water and wastewater service provider that contracts with landowners, land developers, home builders, cities and municipalities to design, construct, operate and maintain water and wastewater systems.
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