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As of close of business last night, Li-Cycle Holdings Corp’s stock clocked out at $3.80, up 39.19% from its previous closing price of $2.73. In other words, the price has increased by $39.19 from its previous closing price. On the day, 5.33 million shares were traded. LICY stock price reached its highest trading level at $4.02 during the session, while it also had its lowest trading level at $2.74.
Ratios:
To gain a deeper understanding of LICY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 2.21 whereas as Long-Term Debt/Eq ratio is at 2.17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when Wellings Mark bought 6,250 shares for $1.45 per share. The transaction valued at 9,031 led to the insider holds 110,908 shares of the business.
Wellings Mark sold 6,250 shares of LICY for $15,669 on Aug 13 ’24. The Director now owns 45,030 shares after completing the transaction at $2.51 per share. On Aug 13 ’24, another insider, DeLuca Carl, who serves as the insider of the company, sold 1,376 shares for $2.50 each. As a result, the insider received 3,440 and left with 101,672 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 88235616 and an Enterprise Value of 549800832. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.61 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 23.198 whereas that against EBITDA is -4.058.
Stock Price History:
Over the past 52 weeks, LICY has reached a high of $18.88, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is 87.17%, while the 200-Day Moving Average is calculated to be -5.06%.
Shares Statistics:
It appears that LICY traded 592.70K shares on average per day over the past three months and 627480 shares per day over the past ten days. A total of 22.27M shares are outstanding, with a floating share count of 15.93M. Insiders hold about 29.20% of the company’s shares, while institutions hold 13.68% stake in the company. Shares short for LICY as of 1728950400 were 1248765 with a Short Ratio of 2.11, compared to 1726185600 on 1467678. Therefore, it implies a Short% of Shares Outstanding of 1248765 and a Short% of Float of 6.7299999999999995.
Earnings Estimates
At present, 2.0 analysts are actively evaluating the performance of Li-Cycle Holdings Corp (LICY) in the stock market.The consensus estimate for the next quarter is -$1.29, with high estimates of -$0.6 and low estimates of -$1.98.
Analysts are recommending an EPS of between -$3.01 and -$10.39 for the fiscal current year, implying an average EPS of -$6.7. EPS for the following year is -$5.65, with 2.0 analysts recommending between -$2.45 and -$8.85.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $6.98M. There is a high estimate of $8M for the next quarter, whereas the lowest estimate is $5.97M.
A total of 2 analysts have provided revenue estimates for LICY’s current fiscal year. The highest revenue estimate was $28.6M, while the lowest revenue estimate was $24.55M, resulting in an average revenue estimate of $26.57M. In the same quarter a year ago, actual revenue was $18.3MBased on 2 analysts’ estimates, the company’s revenue will be $31.4M in the next fiscal year. The high estimate is $34.12M and the low estimate is $28.68M.
