Li-Cycle Holdings Corp (NYSE:LICY) has a beta value of 1.43 and has seen 0.59 million shares traded in the recent trading session. The company, currently valued at $34.12M, closed the recent trade at $1.55 per share which meant it lost -$0.09 on the day or -5.49% during that session. The LICY stock price is -890.97% off its 52-week high price of $15.36 and 21.29% above the 52-week low of $1.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.13 million shares traded. The 3-month trading volume is 1.31 million shares.

The consensus among analysts is that Li-Cycle Holdings Corp (LICY) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.61.

Li-Cycle Holdings Corp (NYSE:LICY) trade information

Sporting -5.49% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LICY stock price touched $1.55 or saw a rise of 14.84%. Year-to-date, Li-Cycle Holdings Corp shares have moved -66.87%, while the 5-day performance has seen it change -4.91%. Over the past 30 days, the shares of Li-Cycle Holdings Corp (NYSE:LICY) have changed -32.90%. Short interest in the company has seen 1.28 million shares shorted with days to cover at 0.55.

Wall Street analysts have a consensus price target for the stock at $8, which means that the shares’ value could jump 80.62% from the levels at last check today. The projected low price target is $7.0 while the price target rests at a high of $13.0. In that case, then, we find that the latest price level in today’s session is -738.71% off the targeted high while a plunge would see the stock gain -351.61% from the levels at last check today.

Li-Cycle Holdings Corp (LICY) estimates and forecasts

The company’s shares have lost -66.59% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 53.01%.

2 analysts offering their estimates for the company have set an average revenue estimate of 7M for the current quarter. 2 have an estimated revenue figure of 7.1M for the next ending quarter. Year-ago sales stood 6.4M and 4.2M respectively for this quarter and the next, and analysts expect sales will grow by 9.38% for the current quarter and 53.01% for the next.

LICY Dividends

Li-Cycle Holdings Corp is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Li-Cycle Holdings Corp (NYSE:LICY)’s Major holders

Insiders own 23.54% of the company shares, while shares held by institutions stand at 10.83% with a share float percentage of 14.16%. Investors are also buoyed by the number of investors in a company, with Li-Cycle Holdings Corp having a total of 80.0 institutions that hold shares in the company. The top two institutional holders are with over 19605.0 shares worth more than $13247.0. As of 2024-06-30, held 0.011% of shares outstanding.

The other major institutional holder is IFP ADVISORS, INC, with the holding of over 189.0 shares as of 2024-06-30. The firm’s total holdings are worth over $90.0 and represent 0.0001% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Primecap Odyssey Aggressive Growth Fund and GMO Resources Fund. As of Sep 30, 2024, the former fund manager holds about 1.68% shares in the company for having 390.3 shares of worth $0.6 million while later fund manager owns 217.51 shares of worth $0.34 million as of Aug 31, 2024, which makes it owner of about 0.94% of company’s outstanding stock.