On Monday, Li-Cycle Holdings Corp (NYSE: LICY) opened higher 7.32% from the last session, before settling in for the closing price of $2.05. Price fluctuations for LICY have ranged from $1.22 to $15.36 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 39.42%. Company’s average yearly earnings per share was noted 34.03% at the time writing. With a float of $16.45 million, this company’s outstanding shares have now reached $22.27 million.
Let’s determine the extent of company efficiency that accounts for 384 employees. In terms of profitability, gross margin is -356.46%, operating margin of -1661.9%, and the pretax margin is -670.75%.
Li-Cycle Holdings Corp (LICY) Insider Activity
A key investor’s attitude towards the stock of the Waste Management industry is another important factor to consider. The insider ownership of Li-Cycle Holdings Corp is 29.17%, while institutional ownership is 10.75%. The most recent insider transaction that took place on Sep 13 ’24, was worth 9,031. In this transaction Director of this company bought 6,250 shares at a rate of $1.45, taking the stock ownership to the 110,908 shares. Before that another transaction happened on Aug 13 ’24, when Company’s Director sold 6,250 for $2.51, making the entire transaction worth $15,669. This insider now owns 45,030 shares in total.
Li-Cycle Holdings Corp (LICY) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 34.03% per share during the next fiscal year.
Li-Cycle Holdings Corp (NYSE: LICY) Trading Performance Indicators
Check out the current performance indicators for Li-Cycle Holdings Corp (LICY). In the past quarter, the stock posted a quick ratio of 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.31, a number that is poised to hit -1.27 in the next quarter and is forecasted to reach -5.38 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 1.32 million, which is a jump from its year-to-date volume of 0.84 million. As of the previous 9 days, the stock’s Stochastic %D was 3.04%. Additionally, its Average True Range was 0.46.
During the past 100 days, Li-Cycle Holdings Corp’s (LICY) raw stochastic average was set at 16.48%, which indicates a significant increase from 6.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 218.80% in the past 14 days, which was higher than the 133.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.27, while its 200-day Moving Average is $3.97. However, in the short run, Li-Cycle Holdings Corp’s stock first resistance to watch stands at $2.26. Second resistance stands at $2.32. The third major resistance level sits at $2.40. If the price goes on to break the first support level at $2.12, it is likely to go to the next support level at $2.04. Should the price break the second support level, the third support level stands at $1.98.
Li-Cycle Holdings Corp (NYSE: LICY) Key Stats
There are currently 23,220K shares outstanding in the company with a market cap of 45.33 million. Presently, the company’s annual sales total 18,300 K according to its annual income of -138,000 K. Last quarter, the company’s sales amounted to 8,400 K and its income totaled 56,500 K.
