On Friday, Li-Cycle Holdings Corp (NYSE: LICY) was -22.15% down from the session before settling in for the closing price of $1.10. A 52-week range for LICY has been $0.35 – $6.16.
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During the last 5-year period, the sales growth of Industrials Sector giant was 39.42%. When this article was written, the company’s average yearly earnings per share was at 28.07%. With a float of $120.56 million, this company’s outstanding shares have now reached $178.20 million.
Let’s determine the extent of company efficiency that accounts for 384 employees.
Li-Cycle Holdings Corp (LICY) Insider Activity
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 32.66%, while institutional ownership is 32.62%. The most recent insider transaction that took place on Feb 01 ’24, 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 ’24, 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.07% 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 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.78, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.49 in one year’s time.
Technical Analysis of Li-Cycle Holdings Corp (LICY)
Looking closely at Li-Cycle Holdings Corp (NYSE: LICY), its last 5-days average volume was 4.4 million, which is a drop from its year-to-date volume of 7.95 million. As of the previous 9 days, the stock’s Stochastic %D was 47.05%. Additionally, its Average True Range was 0.16.
During the past 100 days, Li-Cycle Holdings Corp’s (LICY) raw stochastic average was set at 32.25%, which indicates a significant increase from 16.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 178.43% in the past 14 days, which was higher than the 164.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6818, while its 200-day Moving Average is $2.3277. However, in the short run, Li-Cycle Holdings Corp’s stock first resistance to watch stands at $1.0009. Second resistance stands at $1.1454. The third major resistance level sits at $1.2209. If the price goes on to break the first support level at $0.7809, it is likely to go to the next support level at $0.7054. Should the price break the second support level, the third support level stands at $0.5609.
Li-Cycle Holdings Corp (NYSE: LICY) Key Stats
There are 179,047K outstanding shares of the company, which has a market capitalization of 153.32 million. As of now, sales total 18,300 K while income totals -138,000 K. Its latest quarter income was 6,400 K while its last quarter net income were 67,100 K.
