Li-Cycle Holdings Corp. (NYSE:LICY) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA reduced its holdings in Li-Cycle Holdings Corp. (NYSE:LICY) by 65.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,725 shares of the company’s stock after selling 268,850 shares during the quarter. Primecap Management Co. CA owned about 0.61% of Li-Cycle worth $252,000 at the end of the most recent quarter.

Separately, W.G. Shaheen & Associates DBA Whitney & Co acquired a new position in Li-Cycle during the fourth quarter worth about $25,000. Institutional investors and hedge funds own 54.12% of the company’s stock.

Li-Cycle Price Performance

LICY stock opened at $0.84 on Thursday. The firm has a 50 day moving average of $0.99 and a 200-day moving average of $1.69. The company has a market cap of $19.57 million, a price-to-earnings ratio of -0.67 and a beta of 1.38. The company has a current ratio of 0.60, a quick ratio of 0.54 and a debt-to-equity ratio of 1.16. Li-Cycle Holdings Corp. has a 12-month low of $0.77 and a 12-month high of $10.80.

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.