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After finishing at $0.66 in the prior trading day, Li-Cycle Holdings Corp (NYSE: LICY) closed at $0.68, up 2.78%. In other words, the price has increased by $2.78 from its previous closing price. On the day, 2.08 million shares were traded. LICY stock price reached its highest trading level at $0.7092 during the session, while it also had its lowest trading level at $0.6589.
Ratios:
Our goal is to gain a better understanding of LICY by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
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 121006392 and an Enterprise Value of 401382144. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.61 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at 21.933 whereas that against EBITDA is -2.692.
Stock Price History:
The Beta on a monthly basis for LICY is 1.52, which has changed by -0.85336226 over the last 52 weeks, in comparison to a change of 0.22363698 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 -9.03%, while the 200-Day Moving Average is calculated to be -67.87%.
Shares Statistics:
The stock has traded on average 8.40M shares per day over the past 3-months and 3056340 shares per day over the last 10 days, according to various share statistics. A total of 178.20M shares are outstanding, with a floating share count of 120.58M. Insiders hold about 32.66% of the company’s shares, while institutions hold 32.53% stake in the company. Shares short for LICY as of 1713139200 were 11623227 with a Short Ratio of 1.38, compared to 1710460800 on 20075404. Therefore, it implies a Short% of Shares Outstanding of 11623227 and a Short% of Float of 8.1999995.
Earnings Estimates
The dynamic stock of Li-Cycle Holdings Corp (LICY) is currently attracting attention from 2.0 analysts actively involved in rating its market status.On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.17, while EPS last year was -$0.22. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.09 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.35 and -$0.63 for the fiscal current year, implying an average EPS of -$0.49. EPS for the following year is -$0.44, with 3.0 analysts recommending between -$0.35 and -$0.5.
Revenue Estimates
2 analysts predict $5.81M in revenue for the current 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 $6.19M. There is a high estimate of $7.71M for the next quarter, whereas the lowest estimate is $4.66M.
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 $19.72M. 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.
