5N Plus (TSE:VNP) Share Price Crosses Above 200-Day Moving Average of $4.54

5N Plus Inc. (TSE:VNP)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.54 and traded as high as C$5.77. 5N Plus shares last traded at C$5.77, with a volume of 186,491 shares changing hands.

Analyst Ratings Changes

A number of analysts recently commented on VNP shares. Cormark upped their price objective on 5N Plus from C$5.50 to C$7.50 and gave the company a “buy” rating in a research report on Friday, June 7th. National Bankshares upped their price objective on 5N Plus from C$0.60 to C$0.65 and gave the company an “outperform” rating in a research report on Tuesday, May 7th. Raymond James upped their price objective on 5N Plus from C$6.00 to C$7.00 in a research report on Wednesday, May 8th. Finally, Desjardins upped their price objective on 5N Plus from C$6.25 to C$6.75 and gave the company a “buy” rating in a research report on Wednesday, June 5th.

5N Plus Price Performance

The company has a debt-to-equity ratio of 114.88, a current ratio of 3.21 and a quick ratio of 1.51. The firm has a 50-day moving average of C$5.35 and a 200-day moving average of C$4.54. The stock has a market cap of C$512.32 million, a PE ratio of 23.08, a PEG ratio of 6,283.33 and a beta of 1.65.

5N Plus (TSE:VNP) last announced its quarterly earnings results on Monday, May 6th. The company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.01). 5N Plus had a net margin of 6.53% and a return on equity of 13.41%. The firm had revenue of C$87.66 million for the quarter, compared to the consensus estimate of C$88.32 million. Research analysts predict that 5N Plus Inc. will post 0.2529264 EPS for the current year.

Insider Activity at 5N Plus

In related news, Director Jean-Marie Bourassa acquired 5,800 shares of the stock in a transaction dated Wednesday, May 15th. The stock was acquired at an average cost of C$5.18 per share, with a total value of C$30,044.00. In other news, Senior Officer Richard Perron sold 4,200 shares of the firm’s stock in a transaction that occurred on Tuesday, June 11th. The stock was sold at an average price of C$6.08, for a total value of C$25,536.00. Also, Director Jean-Marie Bourassa acquired 5,800 shares of the stock in a transaction dated Wednesday, May 15th. The stock was bought at an average cost of C$5.18 per share, with a total value of C$30,044.00. 4.82% of the stock is owned by corporate insiders.

5N Plus Company Profile

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.