Li-Cycle Holdings Corp (LICY) distance from 200-day Simple Moving Average is $2.3688: Right on the Precipice

As on Wednesday, Li-Cycle Holdings Corp (NYSE: LICY) started slowly as it slid -3.45% to $1.12, before settling in for the price of $1.16 at the close. Taking a more long-term approach, LICY posted a 52-week range of $0.35-$6.16.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 39.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 28.07%. This publicly-traded company’s shares outstanding now amounts to $178.20 million, simultaneously with a float of $120.30 million. The organization now has a market capitalization sitting at $200.54 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6601, while the 200-day Moving Average is $2.3688.

Li-Cycle Holdings Corp (LICY) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Waste Management industry. Li-Cycle Holdings Corp’s current insider ownership accounts for 32.81%, in contrast to 32.61% institutional ownership. According to the most recent insider trade that took place on Feb 01 ’24, this organization’s Chief Financial Officer sold 81,845 shares at the rate of 0.41, making the entire transaction reach 33,777 in total value, affecting insider ownership by 357,447. Preceding that transaction, on Feb 01 ’24, Company’s Executive Chairman & Director sold 10,929 for 0.41, making the whole transaction’s value amount to 4,510. This particular insider is now the holder of 555,256 in total.

Li-Cycle Holdings Corp (LICY) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.38 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.22) by $0.6. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.

Li-Cycle Holdings Corp’s EPS increase for this current 12-month fiscal period is 28.07% and is forecasted to reach -0.49 in the upcoming year.

Li-Cycle Holdings Corp (NYSE: LICY) Trading Performance Indicators

Let’s observe the current performance indicators for Li-Cycle Holdings Corp (LICY). It’s Quick Ratio in the last reported quarter now stands at 0.89. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.96.

In the same vein, LICY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.78, a figure that is expected to reach -0.17 in the next quarter, and analysts are predicting that it will be -0.49 at the market close of one year from today.

Technical Analysis of Li-Cycle Holdings Corp (LICY)

Through scrutinizing the latest numbers posted by the [Li-Cycle Holdings Corp, LICY], it can be observed that its last 5-days Average volume of 4.34 million was lower the volume of 8.02 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 82.03% While, its Average True Range was 0.1608.

Raw Stochastic average of Li-Cycle Holdings Corp (LICY) in the period of the previous 100 days is set at 49.04%, which indicates a major fall in contrast to 59.04% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 157.12% that was lower than 160.74% volatility it exhibited in the past 100-days period.