In today’s recent session, 0.73 million shares of the Li-Cycle Holdings Corp (NYSE:LICY) have been traded, and its beta is 1.49. Most recently the company’s share price was $0.59, and it changed around -$0.02 or -3.24% from the last close, which brings the market valuation of the company to $104.92M. LICY at last check was trading at a discount to its 52-week high of $6.16, offering almost -944.07% off that amount. The share price’s 52-week low was $0.35, which indicates that the recent value has risen by an impressive 40.68% since then. We note from Li-Cycle Holdings Corp’s average daily trading volume that its 3-month average coming to 8.51 million.
Li-Cycle Holdings Corp (NYSE:LICY) trade information
Instantly LICY has been showing red trend so far today with a performance of -3.24% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 0.19% year-to-date, but still down -16.43% over the last five days. On the other hand, Li-Cycle Holdings Corp (NYSE:LICY) is -34.38% down in the 30-day period.
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The consensus price target as assigned by Wall Street analysts is $9.6, which translates to bulls needing to increase their stock price by 93.85% from its current value. Analyst projections state that LICY is forecast to be at a low of $7 and a high of $13.
Li-Cycle Holdings Corp (LICY) estimates and forecasts
Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 15.00% in revenue this quarter, and will report an increase of 78.10% in the next quarter. The year-over-year growth rate is expected to be 5.10%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $6.01 million in revenue for the current quarter. 2 analysts expect Li-Cycle Holdings Corp to make $6.06 million in revenue for the quarter ending Sep 2024.
