The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 93.23%.However, over the last six months, we can see a stronger performance of -61.69%. Over the last 30 days, the price of LICY has fallen by 170.53%. And in the last five days, it has surged by 14.13%.
Li-Cycle Holdings Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $6.16 on 07/31/23 and the lowest value was $0.35 on 01/19/24.
52-week price history of LICY Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Li-Cycle Holdings Corp’s current trading price is -81.65% away from its 52-week high, while its distance from the 52-week low is 222.86%. The stock’s price range during this period has varied between$0.35 and $6.16. The Li-Cycle Holdings Corp’s shares, which operate in the Industrials, saw a trading volume of around 5.05 million for the day, a figure considerably lower than their average daily volume of 8.53 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Li-Cycle Holdings Corp (LICY) has experienced a quarterly rise of 105.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 202.33M and boasts a workforce of 384 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6414, with a change in price of -0.4300. Similarly, Li-Cycle Holdings Corp recorded 7,939,132 in trading volume during the last 100 days, posting a change of -27.56%.
LICY’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its 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
Li-Cycle Holdings Corp’s raw stochastic average for the past 50 days is presently 49.36%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 47.99%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 44.04% and 40.01%, respectively.
