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Li-Cycle Holdings Corp’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

Li-Cycle Holdings Corp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $6.16 on 07/31/23, while the lowest value for the same period was recorded at $0.35 on 01/19/24.

52-week price history of LICY Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Li-Cycle Holdings Corp’s current trading price is -84.68% away from its 52-week high, while its distance from the 52-week low is 169.57%. The stock’s price range during this period has spanned from $0.35 to $6.16. In the Industrials sector, the Li-Cycle Holdings Corp’s shares surpassed a trading volume of approximately 5.71 million for the day, which was noticeably lower compared to the average daily volume of 9.8.42 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Li-Cycle Holdings Corp (LICY) has experienced a quarterly rise of 61.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 168.93M and boasts a workforce of 384 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6681, with a change in price of -0.8365. Similarly, Li-Cycle Holdings Corp recorded 7,825,677 in trading volume during the last 100 days, posting a change of -46.99%.

Examining LICY’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for LICY stands at 0.93. Similarly, the long-term debt-to-equity ratio is also 0.92.

LICY Stock Stochastic Average

Today’s raw stochastic average for Li-Cycle Holdings Corp over the last 50 days is 37.40%.This indicates a increase from the raw stochastic average of the past 20 days, which was 35.75%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 38.79% and 39.73%, respectively.

LICY Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 61.34%.However, over the last six months, we can see a stronger performance of -73.42%. Over the last 30 days, the price of LICY has fallen by 122.05%. And in the last five days, it has surged by 9.14%.

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