Li-Cycle Holdings Corp. (NYSE:LICY - Get Free Report) CFO Debbie Simpson sold 81,845 shares of the firm's stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $0.41, for a total value of $33,556.45. Following the completion of the sale, the chief financial officer now directly owns 357,447 shares in the company, valued at approximately $146,553.27. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Debbie Simpson also recently made the following trade(s):
- On Tuesday, January 30th, Debbie Simpson sold 20,391 shares of Li-Cycle stock. The shares were sold at an average price of $0.46, for a total value of $9,379.86.
Li-Cycle Price Performance
LICY traded down $0.01 on Friday, hitting $0.40. 2,669,884 shares of the company were exchanged, compared to its average volume of 3,400,533. The firm has a fifty day simple moving average of $0.60 and a two-hundred day simple moving average of $2.57. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.90 and a quick ratio of 1.86. Li-Cycle Holdings Corp. has a 12 month low of $0.35 and a 12 month high of $6.58.
Li-Cycle (NYSE:LICY - Get Free Report) last issued its quarterly earnings data on Monday, November 13th. The company reported ($0.25) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.25). The business had revenue of $4.70 million during the quarter, compared to the consensus estimate of $2.93 million. Equities research analysts forecast that Li-Cycle Holdings Corp. will post -0.71 earnings per share for the current year.
Analyst Ratings Changes
Several analysts have weighed in on the company. TD Cowen cut Li-Cycle from an "outperform" rating to a "market perform" rating in a report on Monday, October 23rd. Chardan Capital lowered Li-Cycle from a "buy" rating to a "neutral" rating in a research report on Thursday, November 16th. Finally, UBS Group lowered Li-Cycle from a "buy" rating to a "neutral" rating in a research report on Thursday, November 16th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $7.60.
Check Out Our Latest Report on Li-Cycle
Institutional Investors Weigh In On Li-Cycle
A number of large investors have recently made changes to their positions in the business. Captrust Financial Advisors grew its position in shares of Li-Cycle by 38.2% in the 1st quarter. Captrust Financial Advisors now owns 5,750 shares of the company's stock worth $49,000 after buying an additional 1,590 shares during the last quarter. ProShare Advisors LLC grew its position in shares of Li-Cycle by 11.6% in the 2nd quarter. ProShare Advisors LLC now owns 17,950 shares of the company's stock worth $100,000 after buying an additional 1,863 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of Li-Cycle by 135.6% in the 1st quarter. Tower Research Capital LLC TRC now owns 5,292 shares of the company's stock worth $30,000 after buying an additional 3,046 shares during the last quarter. Royal Bank of Canada grew its position in shares of Li-Cycle by 5.1% in the 2nd quarter. Royal Bank of Canada now owns 70,761 shares of the company's stock worth $393,000 after buying an additional 3,459 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of Li-Cycle by 30.5% in the 1st quarter. Principal Financial Group Inc. now owns 15,429 shares of the company's stock worth $87,000 after buying an additional 3,605 shares during the last quarter. 59.71% of the stock is currently owned by institutional investors.
Li-Cycle Company Profile
(
Get Free Report)
Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. The company offers a mix of cathode and anode battery materials, including lithium, nickel, and cobalt, as well as graphite, copper, and aluminum; and copper and aluminum metals.
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