Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of Li-Cycle Holdings Corp (NYSE: LICY) closed at $2.28 in the last session, down -2.56% from day before closing price of $2.34. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 0.87 million shares were traded. LICY stock price reached its highest trading level at $2.52 during the session, while it also had its lowest trading level at $2.245.
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 0.54 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 1.45.
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 Dec 03 ’24 when Spollen Conor sold 4,970 shares for $1.89 per share. The transaction valued at 9,379 led to the insider holds 92,699 shares of the business.
Wellings Mark bought 6,250 shares of LICY for $9,031 on Sep 13 ’24. The Director now owns 110,908 shares after completing the transaction at $1.45 per share. On Aug 13 ’24, another insider, Wellings Mark, who serves as the Director of the company, sold 6,250 shares for $2.51 each. As a result, the insider received 15,669 and left with 45,030 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 62718924 and an Enterprise Value of 456541472. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 16.662 whereas that against EBITDA is -4.208.
Stock Price History:
Over the past 52 weeks, LICY has reached a high of $15.36, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is 6.52%, while the 200-Day Moving Average is calculated to be -35.87%.
Shares Statistics:
According to the various share statistics, LICY traded on average about 1.51M shares per day over the past 3-months and 2082730 shares per day over the past 10 days. A total of 23.20M shares are outstanding, with a floating share count of 16.69M. Insiders hold about 28.12% of the company’s shares, while institutions hold 10.66% stake in the company. Shares short for LICY as of 1734048000 were 1635554 with a Short Ratio of 1.09, compared to 1731628800 on 1380029. Therefore, it implies a Short% of Shares Outstanding of 1635554 and a Short% of Float of 7.16.
