Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Li-Cycle Holdings Corp’s current trading price is -88.80% away from its 52-week high, while its distance from the 52-week low is 41.54%. The stock’s price range during this period has varied between $1.22 and $15.36. The company, active in the Industrials sector, saw a trading volume of around 1.31 million for the day, considerably higher average daily volume of 1.25 million observed over the last three months.
Li-Cycle Holdings Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $15.36 on 03/19/24, while the lowest price during the same period was $1.22 on 09/04/24.
How Financial Performance Impacts Market Capitalization
Li-Cycle Holdings Corp (LICY) has experienced a quarterly rise of 25.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.34M and boasts a workforce of 384 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.3481, with a change in price of -2.2600. Similarly, Li-Cycle Holdings Corp recorded 955,908 in trading volume during the last 100 days, posting a change of -56.78%.
How LICY’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for LICY stands at 1.48. Similarly, the long-term debt-to-equity ratio is also 1.45.
LICY Stock Stochastic Average
As of today, the raw stochastic average of Li-Cycle Holdings Corp over the last 50 days is at 0.61%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 0.61%. Further, the company’s Stochastic %K and %D values for the last 20 days were 2.30% and 2.31%, respectively.
LICY Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -63.24%. However, over the past six months, we’ve seen a stronger performance of -39.22%. The price of LICY leaped by -45.91% over the last 30 days. And in the last five days, it has fallen by -18.48%.