Pure Cycle traded at $11.08 this Wednesday April 15th, decreasing $0.22 or 1.95 percent since the previous trading session. Looking back, over the last four weeks, Pure Cycle lost 6.74 percent. Over the last 12 months, its price rose by 10.80 percent. Looking ahead, we forecast Pure Cycle to be priced at 10.92 by the end of this quarter and at 10.05 in one year, according to Trading Economics global macro models projections and analysts expectations.
Pure Cycle Corporation is a diversified land and water resource development company. The Company is an integrated water and wastewater service provider. It owns and develops a portfolio of water rights in a water short region. The Company operates through two segments: water and wastewater resource development and land development. The Water and Wastewater Resource Development Segment provides wholesale municipal water and wastewater services. It provides water to customers, collects wastewater from those customers and treats that wastewater which is reused for irrigation and industrial demands. The land development segment provides water and wastewater resource development business. It also provides domestic water, irrigation water, and wastewater services to the community.