During the last session, Li-Cycle Holdings Corp (NYSE:LICY)’s traded shares were 1.1 million, with the beta value of the company hitting 1.48. At the end of the trading day, the stock’s price was $2.11, reflecting an intraday loss of -8.26% or -$0.19. The 52-week high for the LICY share is $15.36, that puts it down -627.96 from that peak though still a striking 42.18% gain since the share price plummeted to a 52-week low of $1.22. The company’s market capitalization is $49.00M, and the average intraday trading volume over the past 10 days was 3.73 million shares, and the average trade volume was 1.19 million shares over the past three months.
Li-Cycle Holdings Corp (LICY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. LICY has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.61.
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Li-Cycle Holdings Corp (NYSE:LICY) trade information
Li-Cycle Holdings Corp (LICY) registered a -8.26% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -8.26% in intraday trading to $2.11, hitting a weekly high. The stock’s 5-day price performance is -18.22%, and it has moved by -13.88% in 30 days. Based on these gigs, the overall price performance for the year is -64.36%. The short interest in Li-Cycle Holdings Corp (NYSE:LICY) is 1.24 million shares and it means that shorts have 2.95 day(s) to cover.
The consensus price target of analysts on Wall Street is $8, which implies an increase of 73.62% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $13 respectively. As a result, LICY is trading at a discount of -516.11% off the target high and -231.75% off the low.
Li-Cycle Holdings Corp (LICY) estimates and forecasts
In the rating firms’ projections, revenue will increase 53.01% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 7M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 7.1M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 6.4M and 4.2M respectively. In this case, analysts expect current quarter sales to grow by 9.38% and then jump by 68.99% in the coming quarter.
While earnings are projected to return 34.03% in 2024.
LICY Dividends
Li-Cycle Holdings Corp is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Li-Cycle Holdings Corp (NYSE:LICY)’s Major holders
Li-Cycle Holdings Corp insiders own 23.28% of total outstanding shares while institutional holders control 10.96%, with the float percentage being 14.28%. is the largest shareholder of the company, while 82.0 institutions own stock in it. As of 2024-06-30, the company held over 19605.0 shares (or 0.011% of all shares), a total value of $13247.0 in shares.
The next largest institutional holding, with 189.0 shares, is of IFP ADVISORS, INC’s that is approximately 0.0001% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $90.0.
