Financial Metrics Unveiled: Li-Cycle Holdings Corp (LICY)’s Key Ratios in the Spotlight

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The price of Li-Cycle Holdings Corp (NYSE: LICY) closed at $0.72 in the last session, up 2.10% from day before closing price of $0.71. In other words, the price has increased by $2.10 from its previous closing price. On the day, 1.73 million shares were traded. LICY stock price reached its highest trading level at $0.74 during the session, while it also had its lowest trading level at $0.7.

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 0.89 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.92.

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 May 01 ’24 when Wellings Mark sold 15,612 shares for $0.66 per share. The transaction valued at 10,355 led to the insider holds 169,158 shares of the business.

Simpson Debbie sold 81,845 shares of LICY for $33,777 on Feb 01 ’24. The Chief Financial Officer now owns 357,447 shares after completing the transaction at $0.41 per share. On Feb 01 ’24, another insider, Johnston Timothy, who serves as the Executive Chairman & Director of the company, sold 10,929 shares for $0.41 each. As a result, the insider received 4,510 and left with 555,256 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 129136752 and an Enterprise Value of 409510880. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.06 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 22.378 whereas that against EBITDA is -2.747.

Stock Price History:

Over the past 52 weeks, LICY has reached a high of $6.16, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is -6.94%, while the 200-Day Moving Average is calculated to be -62.95%.

Shares Statistics:

According to the various share statistics, LICY traded on average about 8.31M shares per day over the past 3-months and 1805680 shares per day over the past 10 days. A total of 178.20M shares are outstanding, with a floating share count of 121.88M. Insiders hold about 31.84% of the company’s shares, while institutions hold 32.59% stake in the company. Shares short for LICY as of 1713139200 were 11623227 with a Short Ratio of 1.40, compared to 1710460800 on 20075404. Therefore, it implies a Short% of Shares Outstanding of 11623227 and a Short% of Float of 8.1999995.

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