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How to buy LiCycle (LICY) stocks
Learn how to buy LiCycle stock in 5 easy steps.
Tuesday, May 10:
- Swiss giant Glencore, a provider of metals for the production of EV batteries, is making a $200 million investment in Li-Cycle and has also entered a strategic partnership with the company.
- Glencore will send spent lithium-ion batteries to Li-Cycle, which will supply the company with recovered metals from their facilities. The partnership will integrate the EV battery supply chain.
- Following the announcement, Li-Cycle’s stock rose 4%.
Li-Cycle Corporation, a closed-loop lithium-ion battery recycler, has gone public following the successful completion of its merger with Peridot Acquisition Corp., a special purpose acquisition company (SPAC). Here's how investors in Canada can buy Li-Cycle Corp. stock.
How to buy LiCycle stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – LICY. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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LiCycle stock price (NYSE:LICY)Use our graph to track the performance of LICY stocks over time.
LiCycle shares at a glance
|Latest market close||$5.35|
|52-week range||$4.30 - $8.26|
|50-day moving average||$4.98|
|200-day moving average||$5.61|
|Wall St. target price||$7.81|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$-0.32|
Buy Li-Cycle Corp stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy LiCycle stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
LiCycle price performance over time
Historical closes compared with the close of $5.35 from 2023-06-07
|1 week (2023-05-31)||13.35%|
|1 month (2023-05-08)||4.29%|
|3 months (2023-03-07)||-6.79%|
|6 months (2022-12-04)||N/A|
|1 year (2022-06-08)||-24.65%|
|2 years (2021-06-07)||-53.92%|
|3 years (2020-06-04)||N/A|
|5 years (2018-06-04)||N/A|
|Revenue TTM||$31 million|
|Gross profit TTM||$-3,200,000|
|Return on assets TTM||-8.68%|
|Return on equity TTM||-11.58%|
|Market capitalisation||$872.6 million|
TTM: trailing 12 months
LiCycle share dividends
We're not expecting LiCycle to pay a dividend over the next 12 months.
LiCycle share price volatility
Over the last 12 months, LiCycle's shares have ranged in value from as little as $4.3 up to $8.26. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while LiCycle's is 1.1284. This would suggest that LiCycle's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
To put LiCycle's beta into context you can compare it against those of similar companies.
- Aqua Metals (AQMS.US): 1.2481
- Livent (LTHM.US): 1.8098
- Plug Power (PLUG.US): 1.7456
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. It also provides hub products, such as lithium carbonate, cobalt sulphate, nickel sulphate, and manganese carbonate. The company is headquartered in Toronto, Canada. .
Stocks similar to LiCycle
LiCycle in the news
10 Lithium Stocks Billionaires Are Loading Up On
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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