Recent developments with Li-Cycle Holdings Corp (LICY) have led to the company’s beta value being reach 1.03 cents.

On Monday, Li-Cycle Holdings Corp (NYSE: LICY) was 7.93% up from the session before settling in for the closing price of $0.43. A 52-week range for LICY has been $0.35 – $6.58.

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When this article was written, the company’s average yearly earnings per share was at 107.00%. With a float of $119.77 million, this company’s outstanding shares have now reached $178.25 million.

Li-Cycle Holdings Corp (LICY) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Li-Cycle Holdings Corp stocks. The insider ownership of Li-Cycle Holdings Corp is 32.81%, while institutional ownership is 39.25%. The most recent insider transaction that took place on Feb 01, was worth 33,777. In this transaction Chief Financial Officer of this company sold 81,845 shares at a rate of $0.41, taking the stock ownership to the 357,447 shares. Before that another transaction happened on Feb 01, when Company’s Executive Chairman & Director sold 10,929 for $0.41, making the entire transaction worth $4,510. This insider now owns 555,256 shares in total.

Li-Cycle Holdings Corp (LICY) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.18 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

You can see what Li-Cycle Holdings Corp (LICY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.55.

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)

Li-Cycle Holdings Corp (NYSE: LICY) saw its 5-day average volume 1.83 million, a negative change from its year-to-date volume of 3.12 million. As of the previous 9 days, the stock’s Stochastic %D was 50.37%. Additionally, its Average True Range was 0.05.

During the past 100 days, Li-Cycle Holdings Corp’s (LICY) raw stochastic average was set at 2.94%, which indicates a significant decrease from 55.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 117.82% in the past 14 days, which was lower than the 200.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.5678, while its 200-day Moving Average is $3.2267. Nevertheless, the first resistance level for the watch stands at $0.4838 in the near term. At $0.5034, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.5318. If the price goes on to break the first support level at $0.4358, it is likely to go to the next support level at $0.4074. The third support level lies at $0.3878 if the price breaches the second support level.

Li-Cycle Holdings Corp (NYSE: LICY) Key Stats

There are 178,250K outstanding shares of the company, which has a market capitalization of 82.74 million. As of now, sales total 13,400 K while income totals -53,600 K. Its latest quarter income was 4,700 K while its last quarter net income were -130,500 K.