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 $0.67 in the last session, down -4.69% from day before closing price of $0.70. In other words, the price has decreased by -$4.69 from its previous closing price. On the day, 4.03 million shares were traded. LICY stock price reached its highest trading level at $0.749789 during the session, while it also had its lowest trading level at $0.62.
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 0.89 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:
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 ’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 119502088 and an Enterprise Value of 399878144. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.53 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at 21.851 whereas that against EBITDA is -2.682.
Stock Price History:
The Beta on a monthly basis for LICY is 1.54, which has changed by -0.8589852 over the last 52 weeks, in comparison to a change of 0.2006725 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 -6.79%, while the 200-Day Moving Average is calculated to be -70.11%.
Shares Statistics:
According to the various share statistics, LICY traded on average about 8.45M shares per day over the past 3-months and 4123310 shares per day over the past 10 days. 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 32.65% stake in the company. Shares short for LICY as of 1711584000 were 11907822 with a Short Ratio of 1.41, compared to 1709164800 on 14883489. Therefore, it implies a Short% of Shares Outstanding of 11907822 and a Short% of Float of 10.0200005.
