Li-Cycle (NYSE:LICY – Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Friday, March 14th. Analysts expect the company to announce earnings of ($1.26) per share and revenue of $8.00 million for the quarter.
Li-Cycle Trading Down 4.1 %
NYSE LICY opened at $0.84 on Thursday. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.60 and a quick ratio of 0.54. The firm’s fifty day moving average price is $1.13 and its 200 day moving average price is $1.71. The company has a market capitalization of $19.57 million, a price-to-earnings ratio of -0.67 and a beta of 1.38. Li-Cycle has a 12 month low of $0.77 and a 12 month high of $15.36.
Wall Street Analysts Forecast Growth
Separately, UBS Group increased their target price on shares of Li-Cycle from $2.00 to $2.25 and gave the company a “neutral” rating in a research report on Monday, November 18th.
Li-Cycle Company Profile
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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