The price of Li-Cycle Holdings Corp (NYSE: LICY) closed at $0.41 in the last session, down -3.06% from day before closing price of $0.42. In other words, the price has decreased by -$0.0130 from its previous closing price. On the day, 1609736 shares were traded.
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 1.86 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.15.
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 Feb 01 when Simpson Debbie sold 81,845 shares for $0.41 per share. The transaction valued at 33,777 led to the insider holds 357,447 shares of the business.
Johnston Timothy sold 10,929 shares of LICY for $4,510 on Feb 01. The Executive Chairman & Director now owns 555,256 shares after completing the transaction at $0.41 per share. On Feb 01, another insider, Kochhar Ajay, who serves as the President and CEO of the company, sold 10,929 shares for $0.41 each. As a result, the insider received 4,510 and left with 275,365 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 75.74M and an Enterprise Value of 288.64M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.93 while its Price-to-Book (P/B) ratio in mrq is 0.24. Its current Enterprise Value per Revenue stands at 21.54 whereas that against EBITDA is -10.93.
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 0.4799, while the 200-Day Moving Average is calculated to be 2.9398.
Shares Statistics:
According to the various share statistics, LICY traded on average about 3.53M shares per day over the past 3-months and 2.42M shares per day over the past 10 days. A total of 178.25M shares are outstanding, with a floating share count of 119.77M. Insiders hold about 32.81% of the company’s shares, while institutions hold 34.87% stake in the company. Shares short for LICY as of Feb 15, 2024 were 15.33M with a Short Ratio of 4.34, compared to 14.05M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.60% and a Short% of Float of 12.83%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.2 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$0.23, while EPS last year was -$0.19. The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.16 and low estimates of -$0.21.
Analysts are recommending an EPS of between -$0.71 and -$1.38 for the fiscal current year, implying an average EPS of -$1.02. EPS for the following year is -$0.58, with 5 analysts recommending between -$0.17 and -$1.05.
Revenue Estimates
Based on 4 analysts’ estimates, the company’s revenue will be $25.04M in the next fiscal year. The high estimate is $36.14M and the low estimate is $10.1M. The average revenue growth estimate for next year is up 76.20% from the average revenue estimate for this year.
