5N Plus (OTCMKTS:FPLSF) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

5N Plus (OTCMKTS:FPLSF) posted its quarterly earnings results on Monday. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01, Zacks reports. 5N Plus had a return on equity of 27.47% and a net margin of 14.14%.The company had revenue of $122.36 million during the quarter, compared to analysts’ expectations of $114.11 million.

5N Plus Stock Down 7.7%

Shares of OTCMKTS FPLSF opened at $21.23 on Wednesday. The company has a 50 day simple moving average of $27.53 and a 200 day simple moving average of $24.32. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.30. 5N Plus has a 1 year low of $10.34 and a 1 year high of $44.91. The firm has a market cap of $1.91 billion, a PE ratio of 32.66 and a beta of 1.89.

Analyst Upgrades and Downgrades

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

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.