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

Shares of 5N Plus Inc. (OTCMKTS:FPLSF) gapped down prior to trading on Wednesday . The stock had previously closed at $24.45, but opened at $22.0937. 5N Plus shares last traded at $22.0937, with a volume of 253 shares traded.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada started coverage on shares of 5N Plus in a report on Tuesday, July 21st. They issued a “moderate buy” rating on the stock. Scotiabank initiated coverage on shares of 5N Plus in a research report on Monday, June 22nd. They set an “outperform” rating for the company. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, 5N Plus presently has an average rating of “Buy”.

5N Plus Price Performance

The stock has a market cap of $1.99 billion, a P/E ratio of 34.02 and a beta of 1.85. The company has a quick ratio of 1.30, a current ratio of 2.69 and a debt-to-equity ratio of 0.55. The business’s 50-day simple moving average is $28.50 and its two-hundred day simple moving average is $24.04.

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

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.