Is This Stock a Screaming Buy: Pure Cycle Corporation (NASDAQ:PCYO)

Equity Research firms currently have a positive stance on shares of Pure Cycle Corporation (NASDAQ:PCYO). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $8.25 on a short term basis.

At the time of writing, the stock was trading at $5.81. This represents a change from the opening price of -0.71%. In terms of performance, year to date, the stock is 21.25%. The monthly stock performance comes in at 17.81%. For the quarter, shares are performing at 26.80%. Weekly performance analysis shows the equity at 2.28%.

In taking a look at technical levels, shares are trading 18.09% away from the 50 day simple moving average and 25.42% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -1.22% away from it’s 52- week high and 59.14% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Pure Cycle Corporation’s RSI stands at 73.80. In looking at volatility levels, the shares saw weekly volatility of 3.37% and 3.95% over the past month.

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