On Monday, Li-Cycle Holdings Corp (NYSE: LICY) opened lower -4.74% from the last session, before settling in for the closing price of $2.11. Price fluctuations for LICY have ranged from $1.22 to $15.36 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 39.42% over the past five years. Company’s average yearly earnings per share was noted 34.03% at the time writing. With a float of $16.48 million, this company’s outstanding shares have now reached $23.20 million.
Let’s look at the performance matrix of the company that is accounted for 384 employees. In terms of profitability, gross margin is -308.03%, operating margin of -576.64%, and the pretax margin is -77.37%.
Li-Cycle Holdings Corp (LICY) Insider Updates
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 29.04%, while institutional ownership is 10.63%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -2.06 earnings per share (EPS) for the quarter, coming under the agreed prediction (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
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 1.70.
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)
Li-Cycle Holdings Corp (NYSE: LICY) saw its 5-day average volume 0.87 million, a positive change from its year-to-date volume of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 26.48%. Additionally, its Average True Range was 0.32.
During the past 100 days, Li-Cycle Holdings Corp’s (LICY) raw stochastic average was set at 21.11%, which indicates a significant increase from 6.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.06% in the past 14 days, which was lower than the 127.28% 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 $3.92. Nevertheless, the first resistance level for the watch stands at $2.10 in the near term. At $2.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.26. If the price goes on to break the first support level at $1.94, it is likely to go to the next support level at $1.86. Assuming the price breaks the second support level, the third support level stands at $1.78.
Li-Cycle Holdings Corp (NYSE: LICY) Key Stats
There are currently 23,220K shares outstanding in the company with a market cap of 46.67 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.
