With over 0.17 million Pure Cycle Corporation (PCYO) shares trading Tuesday and a closing price of $8.90 on the day, the dollar volume was approximately $1.52 million. Currently, there are 23.99M common shares owned by the public and among those 23.08M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for PCYO have a consensus price objective of $6.55. The analysts have set the share’s price value over the next 12 months at a high of $6.55 and a low of $6.55. But a downside of -35.88% will see the stock hit the forecast high price target while median target price for the stock is $6.55.
Insiders at the company have transacted a total of 4 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 4 occasions, with total insider shares sold totaling 1,260,009 shares.
The top 3 mutual fund holders in Pure Cycle Corporation are Vanguard Total Stock Market Index, Heartland Group Inc. – Value Fund, and Meridian Small Cap Growth Fund. Vanguard Total Stock Market Index owns 0.6 million shares of the company’s stock, all valued at over $6.28 million. Meridian Small Cap Growth Fund bought 53842.0 shares to bring its total holdings to over 0.47 million shares at a value of $4.97 million. Meridian Small Cap Growth Fund now owns shares totaling to 1.99% of the shares outstanding.
Shares of Pure Cycle Corporation (NASDAQ: PCYO) opened at $8.85, down -$0.05 from a prior closing price of $8.90. The company’s stock has a 5-day price change of -9.00% and 7.75% over the past three months. PCYO shares are trading -15.08% year to date (YTD), with the 12-month market performance down to -27.35% lower. It has a 12-month low price of $7.77 and touched a high of $13.15 over the same period. PCYO has an average intraday trading volume of 97.44K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -9.97%, -11.40%, and -11.75% respectively.
Institutional ownership of Pure Cycle Corporation (NASDAQ: PCYO) shares accounts for 64.10% of the company’s 23.99M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $216.36M and a beta (3y monthly) value of 0.94. The stock’s trailing 12-month PE ratio is 25.95, while the earnings-per-share (ttm) stands at $0.34. The company has a debt-to-equity ratio at 0.03. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.78% over the week and 3.62% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”
Feltl & Co. coverage for the Pure Cycle Corporation (PCYO) stock in a research note released on May 06, 2013 offered a Strong Buy rating with a price target of $12.