Pure Cycle (NASDAQ:PCYO - Get Free Report) announced its quarterly earnings data on Wednesday. The utilities provider reported $0.09 earnings per share (EPS) for the quarter, Zacks reports. Pure Cycle had a net margin of 49.58% and a return on equity of 10.26%. The business had revenue of $5.14 million for the quarter.
Pure Cycle Trading Down 3.2%
Shares of Pure Cycle stock traded down $0.33 during trading hours on Friday, hitting $10.07. The company's stock had a trading volume of 39,425 shares, compared to its average volume of 48,486. The business has a fifty day moving average of $10.53 and a 200 day moving average of $10.95. The company has a market capitalization of $242.49 million, a PE ratio of 18.31 and a beta of 1.31. Pure Cycle has a 1-year low of $9.17 and a 1-year high of $14.63. The company has a quick ratio of 3.12, a current ratio of 3.76 and a debt-to-equity ratio of 0.05.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Pure Cycle stock. Jane Street Group LLC purchased a new stake in Pure Cycle Corporation (NASDAQ:PCYO - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 19,219 shares of the utilities provider's stock, valued at approximately $201,000. Jane Street Group LLC owned 0.08% of Pure Cycle as of its most recent filing with the SEC. Institutional investors and hedge funds own 51.39% of the company's stock.
About Pure Cycle
(
Get Free Report)
Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, Wholesale Water and Wastewater Services, and Land Development. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of 930-acre master-planned community; oil and gas leasing business; and construction and leasing of single-family homes.
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