In yesterday’s Wall Street session, Li-Cycle Holdings Corp (NYSE:LICY) shares traded at $3.61, up 13.52% from the previous session.
LICY stock price is now 71.59% away from the 50-day moving average and -9.75% away from the 200-day moving average. The market capitalization of the company currently stands at $81.22M.
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, while ‘TD Cowen’ rates the stock as ‘Market Perform’
In other news, Wellings Mark, Director bought 6,250 shares of the company’s stock on Sep 13 ’24. The stock was bought for $9,031 at an average price of $1.45. Upon completion of the transaction, the Director now directly owns 110,908 shares in the company, valued at $0.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 13 ’24, Director Wellings Mark sold 6,250 shares of the business’s stock. A total of $15,669 was realized by selling the stock at an average price of $2.51. This leaves the insider owning 45,030 shares of the company worth $0.16 million. A total of 29.20% of the company’s stock is owned by insiders.
During the past 12 months, Li-Cycle Holdings Corp has had a low of $1.22 and a high of $15.36. As of last week, the company has a debt-to-equity ratio of 2.21, a current ratio of 0.75, and a quick ratio of 0.68. The fifty day moving average price for LICY is $2.0612 and a two-hundred day moving average price translates $3.99969 for the stock.
The latest earnings results from Li-Cycle Holdings Corp (NYSE: LICY) was released for 2024-06-30. The net profit margin was -878.90% and return on equity was -62.53% for LICY. The company reported revenue of $8.4 million for the quarter, compared to $3.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 133.33 percent.
