Let’s start up with the current stock price of Li-Cycle Holdings Corp. (LICY), which is $7.22 to be very precise. The Stock rose vividly during the last session to $7.7796 after opening rate of $7.48 while the lowest price it went was recorded $7.42 before closing at $7.51.Recently in News on June 27, 2022, Li-Cycle Holdings Corp. Added to Russell 2000® Index. Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, announced today that as part of the 2022 Russell indexes annual reconstitution, the Company has been added to the small-cap Russell 2000® Index and the broad-market Russell 3000® Index, effective after the U.S. market opens on June 27, 2022. You can read further details here
Li-Cycle Holdings Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $10.28 on 01/04/22, with the lowest value was $5.87 for the same time period, recorded on 07/13/22.
Li-Cycle Holdings Corp. (LICY) full year performance was -22.01%
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 -49.47% during the 52-week period from high price, and 22.91% 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 $5.87 and $14.28.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 606721 for the day, which was evidently lower, 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 -24.60%, having the revenues showcasing 4.45% 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 1.14B, as it employees total of 155 workers.
The Analysts eye on Li-Cycle Holdings Corp. (LICY)
During the last month, 5 analysts gave the Li-Cycle Holdings Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 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 7.30, with a change in the price was noted -0.68. In a similar fashion, Li-Cycle Holdings Corp. posted a movement of -8.60% for the period of last 100 days, recording 1,872,386 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 0.25 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.24.
Technical rundown of Li-Cycle Holdings Corp. (LICY)
Raw Stochastic average of Li-Cycle Holdings Corp. in the period of last 50 days is set at 51.91%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 71.22%. In the last 20 days, the company’s Stochastic %K was 83.86% and its Stochastic %D was recorded 88.87%.
Considering, the past performance of Li-Cycle Holdings Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -24.60%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -0.27%, alongside a downfall of -22.01% for the period of the last 12 months. The shares increased approximately by 5.18% in the 7-day charts and went down by 17.34% in the period of the last 30 days. Common stock shares were driven by 4.45% during last recorded quarter.