5N Plus (OTCMKTS:FPLSF) Shares Down 8.8% – Should You Sell?

Shares of 5N Plus Inc. (OTCMKTS:FPLSF) fell 8.8% on Tuesday . The stock traded as low as $26.69 and last traded at $26.76. Approximately 5,375 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 48,821 shares. The stock had previously closed at $29.35.

Wall Street Analysts Forecast Growth

Separately, Scotiabank began coverage on shares of 5N Plus in a research note on Monday. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.

5N Plus Stock Down 7.5%

The firm has a fifty day simple moving average of $28.11 and a 200-day simple moving average of $21.57. The company has a market capitalization of $2.42 billion, a PE ratio of 41.32 and a beta of 1.84. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.30 and a current ratio of 2.69.

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

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.