5N Plus (OTCMKTS:FPLSF) Shares Gap Down – Here’s What Happened

5N Plus Inc. (OTCMKTS:FPLSF) gapped down before the market opened on Wednesday . The stock had previously closed at $29.03, but opened at $26.2575. 5N Plus shares last traded at $26.8769, with a volume of 902 shares traded.

Analyst Upgrades and Downgrades

Separately, Scotiabank initiated coverage on shares of 5N Plus in a research report on Monday. They set an “outperform” rating for the company. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, 5N Plus presently has a consensus rating of “Buy”.

5N Plus Stock Performance

The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.30. The stock has a 50-day simple moving average of $28.22 and a 200-day simple moving average of $21.86. The stock has a market cap of $2.51 billion, a P/E ratio of 42.89 and a beta of 1.84.

5N Plus (OTCMKTS:FPLSF) last posted its earnings results on Wednesday, May 6th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. 5N Plus had a net margin of 13.99% and a return on equity of 28.72%. The firm had revenue of $117.89 million during the quarter, compared to analysts’ expectations of $104.04 million.

About 5N Plus

5N Plus Inc is a Canadian specialty chemicals and materials company that develops, manufactures and commercializes high‐purity metals and compounds for advanced technology markets. The company’s product portfolio spans a range of elemental metals—including bismuth, antimony, tellurium, selenium, indium and germanium—along with organometallic precursors, catalysts and radioisotopes. These materials are engineered to meet stringent purity standards (commonly known as “five‐nines” or 99.999% purity) for critical applications in electronics, photovoltaics, catalysts and life sciences.

Founded in 2000 and headquartered in Boucherville, Quebec, 5N Plus has grown from its roots in high‐purity research to a global manufacturing and distribution platform.