5N Plus (OTCMKTS:FPLSF) Trading 5.1% Higher – Still a Buy?

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price shot up 5.1% during trading on Thursday . The stock traded as high as $19.2425 and last traded at $19.2425. Approximately 2,131 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 49,834 shares. The stock had previously closed at $18.3140.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Scotiabank assumed coverage on shares of 5N Plus in a research note on Monday, June 22nd. They set an “outperform” rating on the stock. Royal Bank Of Canada began coverage on 5N Plus in a research note on Tuesday, July 21st. They issued a “moderate buy” rating on the stock. Raymond James Financial raised shares of 5N Plus from an “outperform” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Finally, Zacks Research raised 5N Plus to a “hold” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

5N Plus Stock Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 2.28 and a quick ratio of 0.93. The company’s fifty day moving average price is $22.20 and its 200 day moving average price is $24.70. The company has a market cap of $1.74 billion, a PE ratio of 27.59 and a beta of 1.86.

5N Plus (OTCMKTS:FPLSF) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. The business had revenue of $122.36 million for the quarter, compared to analysts’ expectations of $114.11 million. 5N Plus had a net margin of 14.14% and a return on equity of 26.36%. On average, equities research analysts predict that 5N Plus Inc. will post 0.64 earnings per share for the current year.

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.