Skandinaviska Enskilda Banken AB publ Sells 18,061 Shares of Li-Cycle Holdings Corp. (NYSE:LICY)

Skandinaviska Enskilda Banken AB publ lessened its position in Li-Cycle Holdings Corp. (NYSE:LICY) by 24.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 56,122 shares of the company’s stock after selling 18,061 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Li-Cycle were worth $103,000 at the end of the most recent quarter.

Separately, Townsquare Capital LLC bought a new stake in shares of Li-Cycle in the 3rd quarter worth about $37,000. Institutional investors and hedge funds own 54.12% of the company’s stock.

Li-Cycle Price Performance

Li-Cycle stock opened at $0.84 on Wednesday. The firm has a 50-day moving average price of $1.01 and a 200-day moving average price of $1.69. The firm has a market capitalization of $19.57 million, a PE 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 $15.36.

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.