At the end of the latest market close, Li-Cycle Holdings Corp. (LICY) was valued at $11.15. In that particular session, Stock kicked-off at the price of $11.23 while reaching the peak value of $11.25 and lowest value recorded on the day was $10.87. The stock current value is $11.00.Recently in News on October 13, 2021, Li-Cycle Appoints Manfred Schmidt as Commercial VP, Battery Supply for EMEA. Commercial Sales Executive with Extensive Battery Expertise to Lead Commercial Battery Supply Initiatives in the EMEA (Europe, the Middle East, and Africa) Markets. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Li-Cycle Holdings Corp. shares are logging -30.11% during the 52-week period from high price, and 43.04% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $7.69 and $15.74.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2393520 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Li-Cycle Holdings Corp. (LICY) recorded performance in the market was 6.18%, having the revenues showcasing 4.27% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.73B.
Analysts verdict on Li-Cycle Holdings Corp. (LICY)
During the last month, 1 analysts gave the Li-Cycle Holdings Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 10.40, with a change in the price was noted +0.97. In a similar fashion, Li-Cycle Holdings Corp. posted a movement of +9.67% for the period of last 100 days, recording 1,118,119 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LICY is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Li-Cycle Holdings Corp. (LICY): Technical Analysis
Raw Stochastic average of Li-Cycle Holdings Corp. in the period of last 50 days is set at 52.62%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 44.92%. In the last 20 days, the company’s Stochastic %K was 47.34% and its Stochastic %D was recorded 51.48%.
Let’s take a glance in the erstwhile performances of Li-Cycle Holdings Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 6.18%. The shares -3.25% in the 7-day charts and went down by 27.91% in the period of the last 30 days. Common stock shares were driven by 4.27% during last recorded quarter.