Financial Fitness Check: Examining Li-Cycle Holdings Corp (LICY)’s Key Ratios

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In the latest session, Li-Cycle Holdings Corp (NYSE: LICY) closed at $3.06 up 8.13% from its previous closing price of $2.83. In other words, the price has increased by $8.13 from its previous closing price. On the day, 0.51 million shares were traded. LICY stock price reached its highest trading level at $3.15 during the session, while it also had its lowest trading level at $2.8.

Ratios:

For a deeper understanding of Li-Cycle Holdings Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.16 whereas as Long-Term Debt/Eq ratio is at 2.12.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 28 ’24 when Wellings Mark sold 51,266 shares for $0.54 per share. The transaction valued at 27,827 led to the insider holds 410,244 shares of the business.

Wellings Mark sold 15,267 shares of LICY for $8,287 on May 24 ’24. The Director now owns 461,510 shares after completing the transaction at $0.54 per share. On May 01 ’24, another insider, Wellings Mark, who serves as the Director of the company, sold 15,612 shares for $0.66 each. As a result, the insider received 10,355 and left with 169,158 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 68837144 and an Enterprise Value of 483099072. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.64 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 25.561 whereas that against EBITDA is -3.069.

Stock Price History:

Over the past 52 weeks, LICY has reached a high of $49.25, while it has fallen to a 52-week low of $2.77. The 50-Day Moving Average of the stock is -46.32%, while the 200-Day Moving Average is calculated to be -72.03%.

Shares Statistics:

For the past three months, LICY has traded an average of 1.07M shares per day and 486862 over the past ten days. A total of 22.27M shares are outstanding, with a floating share count of 14.51M. Insiders hold about 35.52% of the company’s shares, while institutions hold 22.27% stake in the company. Shares short for LICY as of 1715731200 were 1699225 with a Short Ratio of 1.59, compared to 1713139200 on 1452903. Therefore, it implies a Short% of Shares Outstanding of 1699225 and a Short% of Float of 9.59.

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