5N Plus (OTCMKTS:FPLSF) Shares Gap Up – Here’s What Happened

Shares of 5N Plus Inc. (OTCMKTS:FPLSF) gapped up before the market opened on Monday . The stock had previously closed at $29.35, but opened at $31.42. 5N Plus shares last traded at $31.5450, with a volume of 753 shares traded.

Wall Street Analysts Forecast Growth

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

5N Plus Stock Performance

The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.30. The stock has a market capitalization of $2.80 billion, a P/E ratio of 47.86 and a beta of 1.84. The company has a fifty day moving average of $28.03 and a two-hundred day moving average of $21.47.

5N Plus (OTCMKTS:FPLSF) last released its earnings results on Wednesday, May 6th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate 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.