In yesterday’s Wall Street session, Li-Cycle Holdings Corp (NYSE:LICY) shares traded at $0.71, up 7.59% from the previous session.
LICY stock price is now -75.12% away from the 50-day moving average and -84.86% away from the 200-day moving average. The market capitalization of the company currently stands at $126.42M.
Insiders disposed of 1,245,012 shares of company stock worth roughly $0.88 million over the past 1 year. A total of 31.84% of the company’s stock is owned by insiders.
Wednesday morning saw Li-Cycle Holdings Corp (NYSE: LICY) opened at $0.7406. During the past 12 months, Li-Cycle Holdings Corp has had a low of $0.50 and a high of $6.58. As of last week, the company has a debt-to-equity ratio of 1.17, a current ratio of 1.90, and a quick ratio of 1.86. The fifty day moving average price for LICY is $2.8524 and a two-hundred day moving average price translates $4.6881 for the stock.
The latest earnings results from Li-Cycle Holdings Corp (NYSE: LICY) was released for Sep, 2023. According to the Waste Management Company, earnings per share came in at -$0.19, beating analysts’ expectations of -$0.25 by 0.06. This compares to -$0.20 EPS in the same period last year. The net profit margin was -1604.03% and return on equity was -57.76% for LICY. The company reported revenue of $4.7 million for the quarter, compared to $-6.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -177.65 percent. For the current quarter, analysts expect LICY to generate $2.07M in revenue.
Li-Cycle Holdings Corp(LICY) Company Profile
Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. The company offers a mix of cathode and anode battery materials, including lithium, nickel, and cobalt, as well as graphite, copper, and aluminum; and copper and aluminum metals. It also provides hub products, such as lithium carbonate, cobalt sulphate, nickel sulphate, and manganese carbonate. The company is headquartered in Toronto, Canada.