The closing price of Li-Cycle Holdings Corp (NYSE: LICY) was $0.86 for the day, down -22.15% from the previous closing price of $1.10. On the day, 8036522 shares were traded.
Ratios:
Our analysis of LICY’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 01 ’24 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 ’24. The Executive Chairman & Director now owns 555,256 shares after completing the transaction at $0.41 per share. On Feb 01 ’24, 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 8.38 while its Price-to-Book (P/B) ratio in mrq is 0.41.
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.
Shares Statistics:
A total of 178.20M shares are outstanding, with a floating share count of 120.56M. Insiders hold about 32.66% of the company’s shares, while institutions hold 32.62% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Li-Cycle Holdings Corp. analysts. The consensus estimate for the next quarter is $1.01, with high estimates of $0.27 and low estimates of $23.89.
Analysts are recommending an EPS of between $Healthcare and $Financial Services for the fiscal current year, implying an average EPS of $Industrials.
