A new trading day began on Friday, with Li-Cycle Holdings Corp (NYSE: LICY) stock price down -6.76% from the previous day of trading, before settling in for the closing price of $1.48. LICY’s price has ranged from $1.42 to $38.44 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 39.42%. Meanwhile, its annual earnings per share averaged -21.61%. With a float of $15.86 million, this company’s outstanding shares have now reached $22.27 million.
Considering the fact that the conglomerate employs 384 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -309.29%, operating margin of -1548.63%, and the pretax margin is -753.55%.
Li-Cycle Holdings Corp (LICY) Insider Activity
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 35.84%, while institutional ownership is 16.15%. The most recent insider transaction that took place on Aug 13 ’24, was worth 15,669. In this transaction Director of this company sold 6,250 shares at a rate of $2.51, taking the stock ownership to the 45,030 shares. Before that another transaction happened on Aug 13 ’24, when Company’s See Remarks sold 1,376 for $2.50, making the entire transaction worth $3,440. This insider now owns 101,672 shares in total.
Li-Cycle Holdings Corp (LICY) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -5.84 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -21.61% 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 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.33, a number that is poised to hit -1.40 in the next quarter and is forecasted to reach -5.62 in one year’s time.
Technical Analysis of Li-Cycle Holdings Corp (LICY)
Compared to the last year’s volume of 0.7 million, its volume of 0.69 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 5.11%. Additionally, its Average True Range was 0.24.
During the past 100 days, Li-Cycle Holdings Corp’s (LICY) raw stochastic average was set at 0.38%, which indicates a significant decrease from 2.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.69% in the past 14 days, which was lower than the 128.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.6142, while its 200-day Moving Average is $4.7111. Nevertheless, the first resistance level for the watch stands at $1.4833 in the near term. At $1.5867, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.6533. If the price goes on to break the first support level at $1.3133, it is likely to go to the next support level at $1.2467. Should the price break the second support level, the third support level stands at $1.1433.
Li-Cycle Holdings Corp (NYSE: LICY) Key Stats
With a market capitalization of 31.05 million, the company has a total of 22,385K Shares Outstanding. Currently, annual sales are 18,300 K while annual income is -138,000 K. The company’s previous quarter sales were 8,400 K while its latest quarter income was -8,200 K.
