Grantham Mayo Van Otterloo & Co. LLC Buys 38,900 Shares of Li-Cycle Holdings Corp. (NYSE:LICY)

Grantham Mayo Van Otterloo & Co. LLC lifted its position in Li-Cycle Holdings Corp. (NYSE:LICY) by 4.8% during the 4th quarter, HoldingsChannel reports. The firm owned 841,976 shares of the company’s stock after acquiring an additional 38,900 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Li-Cycle were worth $1,507,000 at the end of the most recent reporting period.

Separately, W.G. Shaheen & Associates DBA Whitney & Co bought a new stake in Li-Cycle in the 4th quarter worth approximately $25,000. 54.12% of the stock is currently owned by hedge funds and other institutional investors.

Li-Cycle Stock Down 4.1 %

Shares of LICY opened at $0.84 on Tuesday. The business’s 50 day simple moving average is $0.87 and its 200-day simple moving average is $1.62. Li-Cycle Holdings Corp. has a 1 year low of $0.77 and a 1 year high of $9.68. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.60 and a quick ratio of 0.54. The stock has a market capitalization of $19.57 million, a price-to-earnings ratio of -0.67 and a beta of 1.38.

Li-Cycle Company Profile

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.