In the current trading session, Li-Cycle Holdings Corp’s (LICY) stock is trading at the price of $1.63, a gain of 4.14% over last night’s close. So, the stock is trading at a price that is -89.36% less than its 52-week high of $15.36 and 34.55% better than its 52-week low of $1.22. Based on the past 30-day period, the stock price is -26.64% below the high and +18.61% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, LICY’s SMA-200 is $3.7708.
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It is also essential to consider LICY stock ratios like the price-to-sales ratio, which is 1.39 for the last year.LICY’s price to book ratio for the most recent quarter was 0.13, resulting in an 0.90 price to cash per share for the period.
How does Li-Cycle Holdings Corp (LICY) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 2 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.00 in simple terms.
Li-Cycle Holdings Corp (NYSE: LICY) Ownership Details
I will give a breakdown of the key shareholders in Li-Cycle Holdings Corp (LICY). Recent figures show that the company’s insiders hold 23.53% of shares. A total of 80 institutional investors hold shares in the company, making 10.83% of its stock and 14.16% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Grantham, Mayo, Van Otterloo & Co. LLC holding total of 803.08 shares that make 3.46% of the company’s total number of shares and are currently priced at 1.33 million.
The securities firm Primecap Management Company holds 409.57 shares of LICY, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 1.76%, and the holding percentage of shares is valued at 0.68 million.
An overview of Li-Cycle Holdings Corp’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Li-Cycle Holdings Corp (LICY) traded 975,405 shares per day, with a moving average of $1.7112 and price change of -0.5250. With the moving average of $2.1621 and a price change of -0.7050, about 1,482,940 shares changed hands on average over the past 50 days. Finally, LICY’s 100-day average volume is 1,051,059 shares, alongside a moving average of $2.0944 and a price change of -1.3250.
