The stock of Li-Cycle Holdings Corp (LICY) has seen a -27.63% decrease in the past week, with a -27.63% drop in the past month, and a -51.97% decrease in the past quarter. The volatility ratio for the week is 16.67%, and the volatility levels for the past 30 days are at 14.98% for LICY. The simple moving average for the past 20 days is -34.81% for LICY’s stock, with a -66.34% simple moving average for the past 200 days.
Is It Worth Investing in Li-Cycle Holdings Corp (NYSE: LICY) Right Now?
Moreover, the 36-month beta value for LICY is 1.38. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LICY is 21.87M and currently, short sellers hold a 6.72% of that float. On January 22, 2025, LICY’s average trading volume was 1.97M shares.
LICY) stock’s latest price update
Li-Cycle Holdings Corp (NYSE: LICY)’s stock price has plunge by -4.35relation to previous closing price of 1.15. Nevertheless, the company has seen a -27.63% plunge in its stock price over the last five trading sessions. businesswire.com reported 2025-01-16 that TORONTO–(BUSINESS WIRE)–Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced the closing of its previously announced underwritten public offering in the United States (the “Offering”). Gross proceeds to the Company were approximately $15 million before deducting for offering expenses payable by the Company, including underwriting fees and expenses. The Offering consisted of 5,000,000 units (the “Uni.
LICY Trading at -42.98% from the 50-Day Moving Average
After a stumble in the market that brought LICY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.84% of loss for the given period.
Volatility was left at 14.98%, however, over the last 30 days, the volatility rate increased by 16.67%, as shares sank -21.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -64.77% lower at present.
During the last 5 trading sessions, LICY fell by -26.29%, which changed the moving average for the period of 200-days by -86.13% in comparison to the 20-day moving average, which settled at $1.6885. In addition, Li-Cycle Holdings Corp saw -38.55% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LICY starting from Spollen Conor, who sale 4,970 shares at the price of $1.89 back on Dec 03 ’24. After this action, Spollen Conor now owns 92,699 shares of Li-Cycle Holdings Corp, valued at $9,379 using the latest closing price.
Wellings Mark, the Director of Li-Cycle Holdings Corp, purchase 6,250 shares at $1.45 during a trade that took place back on Sep 13 ’24, which means that Wellings Mark is holding 110,908 shares at $9,031 based on the most recent closing price.
Stock Fundamentals for LICY
Current profitability levels for the company are sitting at:
- -5.77 for the present operating margin
- -3.08 for the gross margin
The net margin for Li-Cycle Holdings Corp stands at -0.77. The total capital return value is set at -0.22. Equity return is now at value -7.08, with -2.60 for asset returns.
Based on Li-Cycle Holdings Corp (LICY), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at -0.25. The debt to equity ratio resting at 1.48. The interest coverage ratio of the stock is -3.56.
Currently, EBITDA for the company is -150.9 million with net debt to EBITDA at -4.04. When we switch over and look at the enterprise to sales, we see a ratio of 15.95. The receivables turnover for the company is 2.91for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.60.
Conclusion
To wrap up, the performance of Li-Cycle Holdings Corp (LICY) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
