5N Plus (OTCMKTS:FPLSF) Shares Gap Down – Should You Sell?

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $32.03, but opened at $30.0156. 5N Plus shares last traded at $30.01, with a volume of 2,300 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Scotiabank started coverage on 5N Plus in a report on Monday, June 22nd. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, 5N Plus has a consensus rating of “Buy”.

5N Plus Price Performance

The company’s 50 day simple moving average is $28.76 and its 200 day simple moving average is $22.45. 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 market cap of $2.52 billion, a P/E ratio of 43.08 and a beta of 1.85.

5N Plus (OTCMKTS:FPLSF) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.17 earnings per share 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 company had revenue of $117.89 million for 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.