Li-Cycle (LICY) Set to Announce Earnings on Thursday

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

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

Li-Cycle Price Performance

LICY stock traded down $0.99 during mid-day trading on Wednesday, hitting $2.81. The company had a trading volume of 393,464 shares, compared to its average volume of 707,282. Li-Cycle has a 12-month low of $1.22 and a 12-month high of $15.36. 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 company has a 50-day moving average price of $2.02 and a 200 day moving average price of $3.41. The company has a market capitalization of $63.23 million, a price-to-earnings ratio of -0.30 and a beta of 1.50.

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.