Li-Cycle Holdings Corp (NYSE: LICY) is -57.04% lower on its value in year-to-date trading and has touched a low of $1.22 and a high of $15.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LICY stock was last observed hovering at around $2.11 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $2.01, the stock is -20.69% and -13.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing -4.74% at the moment leaves the stock -48.68% off its SMA200. LICY registered -71.50% loss for a year compared to 6-month loss of -47.42%. The firm has a 50-day simple moving average (SMA 50) of $2.3344 and a 200-day simple moving average (SMA200) of $3.92358.
The stock witnessed a -19.28% gain in the last 1 month and extending the period to 3 months gives it a 57.03%, and is -6.51% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.74% over the week and 17.17% over the month.
Li-Cycle Holdings Corp (LICY) has around 384 employees, a market worth around $45.38M and $27.40M in sales. Profit margin for the company is -77.74%. Distance from 52-week low is 65.40% and -86.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.94%).
The EPS is expected to grow by 34.03% this year.
Li-Cycle Holdings Corp (LICY) Top Institutional Holders
81.0 institutions hold shares in Li-Cycle Holdings Corp (LICY), with institutional investors hold 14.22% of the company’s shares. The shares outstanding are 23.20M, and float is at 16.48M with Short Float at 8.37%. Institutions hold 10.87% of the Float.
The top institutional shareholder in the company is with over 19605.0 shares valued at $13247.0. The investor’s holdings represent 0.011% of the LICY Shares outstanding. As of 2024-06-30, the second largest holder is IFP ADVISORS, INC with 189.0 shares valued at $90.0 to account for 0.0001 of the shares outstanding.
Li-Cycle Holdings Corp (LICY) Insider Activity
The most recent transaction is an insider purchase by Wellings Mark, the company’s Director. SEC filings show that Wellings Mark bought 6,250 shares of the company’s common stock on Sep 13 ’24 at a price of $1.45 per share for a total of $9031.0. Following the purchase, the insider now owns 0.11 million shares.
Li-Cycle Holdings Corp disclosed in a document filed with the SEC on Aug 13 ’24 that Wellings Mark (Director) sold a total of 6,250 shares of the company’s common stock. The trade occurred on Aug 13 ’24 and was made at $2.51 per share for $15669.0. Following the transaction, the insider now directly holds 45030.0 shares of the LICY stock.
Still, SEC filings show that on Aug 13 ’24, DeLuca Carl () disposed off 1,376 shares at an average price of $2.50 for $3440.0. The insider now directly holds 101,672 shares of Li-Cycle Holdings Corp (LICY).
