Li-Cycle Holdings Corp’s recently made public that its Chief Financial Officer Simpson Debbie unloaded Company’s shares for reported $33777.0 on Feb 01 ’24. In the deal valued at $0.41 per share,81,845 shares were sold. As a result of this transaction, Simpson Debbie now holds 357,447 shares worth roughly $0.32 million.
Then, Johnston Timothy sold 10,929 shares, generating $4,510 in total proceeds. Upon selling the shares at $0.41, the Executive Chairman & Director now owns 555,256 shares.
Before that, Kochhar Ajay sold 10,929 shares. Li-Cycle Holdings Corp shares valued at $4,510 were divested by the President and CEO at a price of $0.41 per share. As a result of the transaction, Kochhar Ajay now holds 275,365 shares, worth roughly $0.25 million.
UBS downgraded its Li-Cycle Holdings Corp [LICY] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Chardan Capital Markets’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Neutral”. TD Cowen also remained covering LICY and has decreased its forecast on October 23, 2023 with a “Market perform” recommendation from previously “an Outperform” rating. Cantor Fitzgerald started covering the stock on May 04, 2023. It rated LICY as “a Buy”.
Price Performance Review of LICY
On Tuesday, Li-Cycle Holdings Corp [NYSE:LICY] saw its stock jump 1.88% to $0.89. Over the last five days, the stock has lost -23.03%. Li-Cycle Holdings Corp shares have risen nearly 52.68% since the year began. Nevertheless, the stocks have fallen -84.14% over the past one year. While a 52-week high of $6.16 was reached on 03/19/24, a 52-week low of $0.35 was recorded on 01/19/24. SMA at 50 days reached $0.7012, while 200 days put it at $2.2812. A total of 3.17 million shares were traded, compared to the trading of 4.95 million shares in the previous session.
Levels Of Support And Resistance For LICY Stock
The 24-hour chart illustrates a support level at 0.8529, which if violated will result in even more drops to 0.8128. On the upside, there is a resistance level at 0.9409. A further resistance level may holdings at 0.9888. The Relative Strength Index (RSI) on the 14-day chart is 49.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1250, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.45%. Stochastics %K at 17.83% indicates the stock is a buying.
