Shares of Pure Cycle Corporation (NASDAQ:PCYO) have earned an average broker rating score of 2.00 (Buy) from the one analysts that cover the company, Zacks Investment Research reports.

Zacks has also assigned Pure Cycle Corporation an industry rank of 109 out of 265 based on the ratings given to its competitors.

A number of research firms recently issued reports on PCYO. Zacks Investment Research lowered Pure Cycle Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, June 14th. TheStreet raised Pure Cycle Corporation from a “d+” rating to a “c” rating in a research note on Thursday, April 13th. Finally, Feltl & Co. reaffirmed a “buy” rating on shares of Pure Cycle Corporation in a research note on Wednesday, April 12th.

Shares of Pure Cycle Corporation (NASDAQ:PCYO) traded down 0.69% during trading on Friday, hitting $7.20. The company’s stock had a trading volume of 21,247 shares. Pure Cycle Corporation has a one year low of $4.34 and a one year high of $8.73. The stock’s market cap is $171.03 million. The company has a 50-day moving average price of $7.87 and a 200-day moving average price of $6.05.

Pure Cycle Corporation (NASDAQ:PCYO) last announced its quarterly earnings results on Monday, April 10th. The utilities provider reported ($0.01) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.01). The business had revenue of $0.24 million for the quarter, compared to analyst estimates of $0.31 million. Pure Cycle Corporation had a negative return on equity of 2.17% and a negative net margin of 230.56%. Equities analysts predict that Pure Cycle Corporation will post ($0.06) EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of PCYO. Janus Capital Management LLC raised its stake in Pure Cycle Corporation by 3.2% in the first quarter. Janus Capital Management LLC now owns 797,825 shares of the utilities provider’s stock worth $4,428,000 after buying an additional 24,700 shares during the last quarter. Bard Associates Inc. raised its stake in Pure Cycle Corporation by 6.7% in the first quarter. Bard Associates Inc. now owns 108,400 shares of the utilities provider’s stock worth $602,000 after buying an additional 6,800 shares during the last quarter. Renaissance Technologies LLC raised its stake in Pure Cycle Corporation by 10.5% in the first quarter. Renaissance Technologies LLC now owns 62,100 shares of the utilities provider’s stock worth $345,000 after buying an additional 5,900 shares during the last quarter. Kennedy Capital Management Inc. raised its stake in Pure Cycle Corporation by 21.1% in the first quarter. Kennedy Capital Management Inc. now owns 762,177 shares of the utilities provider’s stock worth $4,230,000 after buying an additional 132,888 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Pure Cycle Corporation by 0.3% in the first quarter. Geode Capital Management LLC now owns 97,771 shares of the utilities provider’s stock worth $542,000 after buying an additional 252 shares during the last quarter. 66.90% of the stock is currently owned by hedge funds and other institutional investors.

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Pure Cycle Corporation Company Profile

Pure Cycle Corporation is an integrated water company that provides wholesale water and wastewater services. The Company provides its services to wholesale customers, which include industrial customers and local governmental entities that provide water and wastewater services to their end-use customers located in the Denver, Colorado metropolitan area.

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