Li-Cycle (LICY) to Release Quarterly Earnings on Thursday

Li-Cycle (NYSE:LICY) is set to post its quarterly earnings results after the market closes on Thursday, November 7th.

Li-Cycle (NYSE:LICY) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.36) earnings per share (EPS) for the quarter. Li-Cycle had a negative net margin of 878.90% and a negative return on equity of 42.36%. The business had revenue of $8.40 million during the quarter, compared to analyst estimates of $4.28 million.

Li-Cycle Trading Down 26.1 %

Li-Cycle stock traded down $0.99 during mid-day trading on Wednesday, hitting $2.81. 629,363 shares of the stock were exchanged, compared to its average volume of 708,379. The company has a quick ratio of 0.68, a current ratio of 0.75 and a debt-to-equity ratio of 1.81. The stock has a market capitalization of $63.23 million, a price-to-earnings ratio of -0.30 and a beta of 1.50. The firm’s fifty day simple moving average is $2.02 and its two-hundred day simple moving average is $3.41. Li-Cycle has a 12 month low of $1.22 and a 12 month high of $15.36.

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.