5N Plus (TSE:VNP) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of 5N Plus Inc. (TSE:VNP) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$6.23 and traded as high as C$6.80. 5N Plus shares last traded at C$6.63, with a volume of 78,700 shares traded.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VNP. National Bankshares increased their target price on shares of 5N Plus from C$8.00 to C$8.50 in a research note on Tuesday, November 5th. Raymond James raised their price target on shares of 5N Plus from C$7.50 to C$8.50 in a research note on Friday, September 6th. Finally, Desjardins raised their price target on shares of 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a research note on Tuesday, September 10th.

5N Plus Price Performance

The stock has a market capitalization of C$589.54 million, a PE ratio of 41.44, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55. The stock’s 50 day moving average is C$6.90 and its two-hundred day moving average is C$6.23. The company has a debt-to-equity ratio of 110.23, a quick ratio of 1.51 and a current ratio of 3.47.

Insider Buying and Selling at 5N Plus

In other 5N Plus news, Senior Officer Richard Perron acquired 75,000 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was bought at an average price of C$6.95 per share, for a total transaction of C$521,250.00. 4.91% of the stock is 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.