5N Plus (TSE:VNP) Stock Crosses Above 200 Day Moving Average of $5.67

Shares of 5N Plus Inc. (TSE:VNP) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$5.67 and traded as high as C$6.99. 5N Plus shares last traded at C$6.83, with a volume of 49,942 shares traded.

Analysts Set New Price Targets

VNP has been the topic of several recent research reports. Raymond James lifted their price objective on 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th. National Bankshares lifted their price target on shares of 5N Plus from C$6.50 to C$8.00 and gave the stock an “outperform” rating in a research note on Monday, August 26th. Cormark increased their price objective on shares of 5N Plus from C$5.50 to C$7.50 and gave the company a “buy” rating in a research note on Friday, June 7th. Finally, Desjardins lifted their target price on shares of 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a research report on Tuesday, September 10th.

5N Plus Price Performance

The company has a 50-day moving average of C$6.36 and a 200 day moving average of C$5.67. The company has a debt-to-equity ratio of 110.23, a quick ratio of 1.51 and a current ratio of 3.47. The firm has a market cap of C$607.32 million, a P/E ratio of 42.69, a P/E/G ratio of 6,283.33 and a beta of 1.57.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Monday, August 5th. The company reported C$0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.06 by C$0.02. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. The company had revenue of C$102.04 million during the quarter, compared to analysts’ expectations of C$91.45 million. On average, sell-side analysts anticipate that 5N Plus Inc. will post 0.3728549 EPS for the current year.

Insider Activity at 5N Plus

In other news, Senior Officer Richard Perron acquired 75,000 shares of the firm’s stock in a transaction on Wednesday, September 11th. The shares were purchased at an average cost of C$6.95 per share, with a total value of C$521,250.00. 4.91% of the stock is currently owned by 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.