Li-Cycle Holdings Corp (NYSE:LICY) price closed higher on Monday, April 15, jumping 2.35% above its previous close.
A look at the daily price movement shows that the last close reads $0.86. The company’s 5Y monthly beta was ticking 1.38. Taking into account the 52-week price action we note that the stock hit a 52-week high of $6.16 and 52-week low of $0.35. The stock added 24.15% on its value in the past month.
Li-Cycle Holdings Corp, which has a market valuation of $156.92 million, is expected to release its quarterly earnings report May 13, 2024 – May 18, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give LICY a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that LICY’s price is at present -16.29% off the SMA20 and 28.55% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 48.31, with weekly volatility standing at 14.71%. The indicator jumps to 22.21% when calculated based on the past 30 days. Li-Cycle Holdings Corp (NYSE:LICY)’s beta value is holding at 1.42, while the average true range (ATR) indicator is currently reading 0.16.
An analysis of the Li-Cycle Holdings Corp (NYSE:LICY) stock in terms of its daily trading volume indicates that the 3-month average is 8.62 million.
Current records show that the company has 178.20M in outstanding shares. The insiders’ percentage holdings are 32.66% of outstanding shares while the percentage share held by institutions stands at 32.62%. But the 49.86% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
