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In the latest session, Li-Cycle Holdings Corp (NYSE: LICY) closed at $0.60 down -3.27% from its previous closing price of $0.62. In other words, the price has decreased by -$3.27 from its previous closing price. On the day, 4.27 million shares were traded. LICY stock price reached its highest trading level at $0.63 during the session, while it also had its lowest trading level at $0.5916.
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 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 107431896 and an Enterprise Value of 522031616. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.68 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 27.621 whereas that against EBITDA is -3.317.
Stock Price History:
The Beta on a monthly basis for LICY is 1.50, which has changed by -0.8663697 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. 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 -25.30%, while the 200-Day Moving Average is calculated to be -67.00%.
Shares Statistics:
For the past three months, LICY has traded an average of 8.34M shares per day and 2089980 over the past ten days. A total of 178.20M shares are outstanding, with a floating share count of 121.77M. Insiders hold about 31.99% of the company’s shares, while institutions hold 27.17% stake in the company. Shares short for LICY as of 1714435200 were 11893055 with a Short Ratio of 1.43, compared to 1711584000 on 11907822. Therefore, it implies a Short% of Shares Outstanding of 11893055 and a Short% of Float of 8.3900005.
Earnings Estimates
Currently, 2.0 analysts are dedicated to thoroughly evaluating and rating the performance of Li-Cycle Holdings Corp (LICY) in the stock market.On average, analysts expect EPS of -$0.42 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.76, while EPS last year was -$0.22. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.09 and low estimates of -$0.25.
Analysts are recommending an EPS of between -$0.35 and -$1.43 for the fiscal current year, implying an average EPS of -$0.76. EPS for the following year is -$0.51, with 3.0 analysts recommending between -$0.35 and -$0.69.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $5.81M this quarter.It ranges from a high estimate of $7.1M to a low estimate of $4.51M. As of the current estimate, Li-Cycle Holdings Corp’s year-ago sales were $8.12MFor the next quarter, 2 analysts are estimating revenue of $6.01M. There is a high estimate of $7.71M for the next quarter, whereas the lowest estimate is $4.3M.
A total of 3 analysts have provided revenue estimates for LICY’s current fiscal year. The highest revenue estimate was $30.58M, while the lowest revenue estimate was $10.1M, resulting in an average revenue estimate of $19.23M. In the same quarter a year ago, actual revenue was $18.3MBased on 3 analysts’ estimates, the company’s revenue will be $53.02M in the next fiscal year. The high estimate is $105.5M and the low estimate is $20.6M.
