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The price of Li-Cycle Holdings Corp (NYSE: LICY) closed at $2.87 in the last session, down -13.03% from day before closing price of $3.30. In other words, the price has decreased by -$13.03 from its previous closing price. On the day, 3.51 million shares were traded. LICY stock price reached its highest trading level at $3.015 during the session, while it also had its lowest trading level at $2.75.
Ratios:
We take a closer look at LICY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 1.45.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when Wellings Mark bought 6,250 shares for $1.45 per share. The transaction valued at 9,031 led to the insider holds 110,908 shares of the business.
Wellings Mark sold 6,250 shares of LICY for $15,669 on Aug 13 ’24. The Director now owns 45,030 shares after completing the transaction at $2.51 per share. On Aug 13 ’24, another insider, DeLuca Carl, who serves as the insider of the company, sold 1,376 shares for $2.50 each. As a result, the insider received 3,440 and left with 101,672 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LICY now has a Market Capitalization of 66641112 and an Enterprise Value of 545525760. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 0.23. Its current Enterprise Value per Revenue stands at 23.018 whereas that against EBITDA is -4.026.
Stock Price History:
Over the past 52 weeks, LICY has reached a high of $15.36, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is 32.26%, while the 200-Day Moving Average is calculated to be -28.18%.
Shares Statistics:
According to the various share statistics, LICY traded on average about 1.05M shares per day over the past 3-months and 3639830 shares per day over the past 10 days. A total of 22.27M shares are outstanding, with a floating share count of 16.44M. Insiders hold about 29.20% of the company’s shares, while institutions hold 13.27% stake in the company. Shares short for LICY as of 1728950400 were 1248765 with a Short Ratio of 1.19, compared to 1726185600 on 1467678. Therefore, it implies a Short% of Shares Outstanding of 1248765 and a Short% of Float of 6.7299999999999995.
Earnings Estimates
The current rating of Li-Cycle Holdings Corp (LICY) is the result of assessments by 2.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is -$1.27, with high estimates of -$0.53 and low estimates of -$2.01.
Analysts are recommending an EPS of between -$3.01 and -$5.83 for the fiscal current year, implying an average EPS of -$4.42. EPS for the following year is -$5.45, with 2.0 analysts recommending between -$2.45 and -$8.45.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $6.98M. It ranges from a high estimate of $8M to a low estimate of $5.97M. As of the current estimate, Li-Cycle Holdings Corp’s year-ago sales were $6.4MFor the next quarter, 2 analysts are estimating revenue of $7.03M. There is a high estimate of $7.28M for the next quarter, whereas the lowest estimate is $6.78M.
A total of 2 analysts have provided revenue estimates for LICY’s current fiscal year. The highest revenue estimate was $28.6M, while the lowest revenue estimate was $27M, resulting in an average revenue estimate of $27.8M. In the same quarter a year ago, actual revenue was $18.3MBased on 2 analysts’ estimates, the company’s revenue will be $31.4M in the next fiscal year. The high estimate is $34.12M and the low estimate is $28.68M.
