On Friday, Li-Cycle Holdings Corp (NYSE: LICY) was 3.37% up from the session before settling in for the closing price of $2.08. A 52-week range for LICY has been $1.22 – $15.36.
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A company in the Industrials sector has jumped its sales by 39.42% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 34.03%. With a float of $16.45 million, this company’s outstanding shares have now reached $22.27 million.
In an organization with 384 employees, it is important to assess its efficiency. 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 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 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -2.06 earnings per share (EPS) during the time that was less than consensus figure (set at -1.6) by -0.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.51 per share during the current fiscal year.
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
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 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.88.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.97 million. That was better than the volume of 0.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.11%. Additionally, its Average True Range was 0.39.
During the past 100 days, Li-Cycle Holdings Corp’s (LICY) raw stochastic average was set at 23.82%, which indicates a significant increase from 5.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 203.33% in the past 14 days, which was higher than the 127.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.33, while its 200-day Moving Average is $3.95. However, in the short run, Li-Cycle Holdings Corp’s stock first resistance to watch stands at $2.22. Second resistance stands at $2.28. The third major resistance level sits at $2.38. If the price goes on to break the first support level at $2.06, it is likely to go to the next support level at $1.96. The third support level lies at $1.90 if the price breaches the second support level.
Li-Cycle Holdings Corp (NYSE: LICY) Key Stats
There are 23,220K outstanding shares of the company, which has a market capitalization of 51.60 million. As of now, sales total 18,300 K while income totals -138,000 K. Its latest quarter income was 8,400 K while its last quarter net income were 56,500 K.
