Can Li-Cycle Holdings Corp’s (LICY) drop of -31.30% in a week be considered a lucky break?

SQ

Li-Cycle Holdings Corp (NYSE: LICY) on Monday, plunged -12.71% from the previous trading day, before settling in for the closing price of $1.81. Within the past 52 weeks, LICY’s price has moved between $1.22 and $15.36.

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Annual sales at Industrials sector company grew by 39.42% over the past five years. The company achieved an average annual earnings per share of 61.49%. With a float of $16.69 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 and Institutional Ownership

Observing investor behavior towards Waste Management industry stocks is more important than anything else. The insider ownership of Li-Cycle Holdings Corp is 28.12%, while institutional ownership is 10.67%. The most recent insider transaction that took place on Dec 03 ’24, was worth 9,379. In this transaction Chief Operating Officer of this company sold 4,970 shares at a rate of $1.89, taking the stock ownership to the 92,699 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Director bought 6,250 for $1.45, making the entire transaction worth $9,031. This insider now owns 110,908 shares in total.

Li-Cycle Holdings Corp (LICY) Latest Financial update

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 61.49% per share during the next fiscal year.

Li-Cycle Holdings Corp (NYSE: LICY) Trading Performance Indicators

Li-Cycle Holdings Corp (LICY) is currently performing well based on its current performance indicators. A quick ratio of 0.54 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.31, a number that is poised to hit -0.61 in the next quarter and is forecasted to reach -2.32 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 1.25 million, a negative change from its year-to-date volume of 1.76 million. As of the previous 9 days, the stock’s Stochastic %D was 19.05%. Additionally, its Average True Range was 0.27.

During the past 100 days, Li-Cycle Holdings Corp’s (LICY) raw stochastic average was set at 9.69%, which indicates a significant decrease from 17.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 170.74% in the past 14 days, which was higher than the 140.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.1228, while its 200-day Moving Average is $3.4644. Nevertheless, the first resistance level for the watch stands at $1.7559 in the near term. At $1.9317, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0247. If the price goes on to break the first support level at $1.4871, it is likely to go to the next support level at $1.3941. The third support level lies at $1.2183 if the price breaches the second support level.

Li-Cycle Holdings Corp (NYSE: LICY) Key Stats

Market capitalization of the company is 36.69 million based on 23,220K outstanding shares. Right now, sales total 18,300 K and income totals -138,000 K. The company made 8,400 K in profit during its latest quarter, and 56,500 K in sales during its previous quarter.