A new trading day began on November 20, 2023, with Li-Cycle Holdings Corp (NYSE: LICY) stock priced at $0.61, up 18.06% from the previous day of trading. During the day, the shares moved up to $0.788 and dropped to $0.61 before settling in for the closing price of $0.63. LICY’s price has ranged from $0.50 to $6.58 over the past 52 weeks.
Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 40.85%. Meanwhile, its annual earnings per share averaged 107.00%. With a float of $121.50 million, this company’s outstanding shares have now reached $175.96 million.
Considering the fact that the conglomerate employs 270 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -535.07, operating margin of -829.85, and the pretax margin is -400.75.
Li-Cycle Holdings Corp (LICY) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Waste Management Industry. The insider ownership of Li-Cycle Holdings Corp is 31.84%, while institutional ownership is 38.51%.
Li-Cycle Holdings Corp (LICY) Recent Fiscal highlights
This company achieved a net margin of -400.00 while generating a return on equity of -11.56. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 107.00% per share during the next fiscal year.
Li-Cycle Holdings Corp (NYSE: LICY) Trading Performance Indicators
Here are Li-Cycle Holdings Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.35, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of Li-Cycle Holdings Corp (LICY)
Compared to the last year’s volume of 2.21 million, its volume of 20.6 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.46%. Additionally, its Average True Range was 0.25.
During the past 100 days, Li-Cycle Holdings Corp’s (LICY) raw stochastic average was set at 4.24%, which indicates a significant decrease from 12.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 363.54% in the past 14 days, which was higher than the 186.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.5370, while its 200-day Moving Average is $4.5869. Nevertheless, the first resistance level for the watch stands at $0.8154 in the near term. At $0.8907, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9934. If the price goes on to break the first support level at $0.6374, it is likely to go to the next support level at $0.5347. Now, if the price goes above the second support level, the third support stands at $0.4594.
Li-Cycle Holdings Corp (NYSE: LICY) Key Stats
With a market capitalization of 131.92 million, the company has a total of 178,108K Shares Outstanding. Currently, annual sales are 13,400 K while annual income is -53,600 K. The company’s previous quarter sales were 3,600 K while its latest quarter income was -35,200 K.