5N Plus (TSE:VNP) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

5N Plus Inc. (TSE:VNP) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$30.45 and traded as high as C$41.94. 5N Plus shares last traded at C$41.38, with a volume of 684,595 shares traded.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Desjardins boosted their price target on 5N Plus from C$43.00 to C$50.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Raymond James Financial raised their price objective on 5N Plus from C$38.00 to C$45.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Scotiabank set a C$48.00 price objective on 5N Plus and gave the company a “sector outperform” rating in a research report on Monday, June 22nd. National Bank Financial upped their target price on 5N Plus from C$41.00 to C$50.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Finally, ATB Cormark Capital Markets increased their target price on 5N Plus from C$45.00 to C$56.50 and gave the stock a “top pick” rating in a research report on Monday, May 25th. Two equities research analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, 5N Plus presently has an average rating of “Buy” and a consensus target price of C$45.50.

5N Plus Stock Performance

The company has a market cap of C$3.94 billion, a PE ratio of 67.35, a P/E/G ratio of 6,283.33 and a beta of 0.92. The stock’s 50 day simple moving average is C$39.62 and its two-hundred day simple moving average is C$30.63. The company has a quick ratio of 1.51, a current ratio of 2.69 and a debt-to-equity ratio of 68.96.

5N Plus (TSE:VNP) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.28 earnings per share (EPS) for the quarter. The company had revenue of C$163.91 million during the quarter. 5N Plus had a net margin of 13.95% and a return on equity of 30.00%. As a group, research analysts anticipate that 5N Plus Inc. will post 0.3739703 earnings per share for the current year.

5N Plus Company Profile

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.