5N Plus (OTCMKTS:FPLSF) Shares Down 6.6% – What’s Next?

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price traded down 6.6% during mid-day trading on Monday . The stock traded as low as $28.71 and last traded at $29.93. 274 shares changed hands during trading, a decline of 99% from the average session volume of 47,178 shares. The stock had previously closed at $32.03.

Wall Street Analysts Forecast Growth

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

5N Plus Trading Up 11.2%

The stock’s fifty day simple moving average is $28.76 and its 200-day simple moving average is $22.51. The firm has a market cap of $2.80 billion, a PE ratio of 47.92 and a beta of 1.85. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.30.

5N Plus (OTCMKTS:FPLSF) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.17 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $104.04 million.

5N Plus Company Profile

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.