Li-Cycle (NYSE:LICY – Get Free Report) is expected to post its quarterly earnings results before the market opens on Friday, March 14th. Analysts expect Li-Cycle to post earnings of ($1.26) per share and revenue of $8.00 million for the quarter.
Li-Cycle Price Performance
Shares of NYSE:LICY opened at $0.84 on Friday. Li-Cycle has a one year low of $0.77 and a one year high of $15.36. The firm has a market capitalization of $19.57 million, a price-to-earnings ratio of -0.67 and a beta of 1.38. The company’s fifty day moving average price is $1.19 and its 200-day moving average price is $1.74. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.60 and a quick ratio of 0.54.
Wall Street Analysts Forecast Growth
Separately, UBS Group upped their price objective on shares of Li-Cycle from $2.00 to $2.25 and gave the company a “neutral” rating in a research note on Monday, November 18th.
About Li-Cycle
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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