Shares of Pure Cycle Corporation (NASDAQ:PCYO - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.14 and traded as low as $10.09. Pure Cycle shares last traded at $10.30, with a volume of 34,938 shares traded.
Pure Cycle Price Performance
The business's fifty day moving average price is $10.36 and its 200 day moving average price is $11.14. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.76 and a quick ratio of 3.12. The stock has a market cap of $246.58 million, a P/E ratio of 17.66 and a beta of 1.31.
Pure Cycle (NASDAQ:PCYO - Get Free Report) last issued its quarterly earnings data on Wednesday, April 9th. The utilities provider reported $0.03 EPS for the quarter. The business had revenue of $4.00 million during the quarter. Pure Cycle had a net margin of 47.39% and a return on equity of 10.69%.
Institutional Investors Weigh In On Pure Cycle
Several hedge funds have recently modified their holdings of PCYO. Price T Rowe Associates Inc. MD raised its holdings in Pure Cycle by 3.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 33,508 shares of the utilities provider's stock valued at $425,000 after buying an additional 1,054 shares during the last quarter. First Manhattan CO. LLC. increased its position in Pure Cycle by 2.7% in the 1st quarter. First Manhattan CO. LLC. now owns 60,225 shares of the utilities provider's stock valued at $631,000 after acquiring an additional 1,600 shares during the period. Wells Fargo & Company MN raised its stake in shares of Pure Cycle by 23.8% during the fourth quarter. Wells Fargo & Company MN now owns 12,191 shares of the utilities provider's stock valued at $155,000 after acquiring an additional 2,343 shares during the last quarter. Diamond Hill Capital Management Inc. lifted its holdings in shares of Pure Cycle by 5.2% during the first quarter. Diamond Hill Capital Management Inc. now owns 67,219 shares of the utilities provider's stock worth $704,000 after purchasing an additional 3,333 shares during the period. Finally, Barclays PLC grew its stake in shares of Pure Cycle by 14.1% in the fourth quarter. Barclays PLC now owns 31,247 shares of the utilities provider's stock worth $396,000 after purchasing an additional 3,862 shares during the last quarter. Institutional investors and hedge funds own 51.39% of the company's stock.
Pure Cycle Company Profile
(
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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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