5N Plus (OTCMKTS:FPLSF) Shares Down 11% – Time to Sell?

5N Plus Inc. (OTCMKTS:FPLSF)’s share price dropped 11% on Thursday . The stock traded as low as $24.30 and last traded at $24.30. Approximately 3,946 shares traded hands during trading, a decline of 92% from the average session volume of 49,516 shares. The stock had previously closed at $27.3150.

Analyst Upgrades and Downgrades

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

5N Plus Trading Down 10.0%

The firm has a 50 day simple moving average of $29.36 and a 200 day simple moving average of $23.35. The company has a current ratio of 2.69, a quick ratio of 1.30 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $2.10 billion, a PE ratio of 36.00 and a beta of 1.85.

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

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.