5N Plus (OTCMKTS:FPLSF) Trading 5.1% Higher – Still a Buy?

5N Plus Inc. (OTCMKTS:FPLSF) rose 5.1% on Thursday . The company traded as high as $19.2425 and last traded at $19.2425. Approximately 2,131 shares changed hands during trading, a decline of 96% from the average session volume of 49,834 shares. The stock had previously closed at $18.3140.

Analysts Set New Price Targets

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

5N Plus Trading Up 5.1%

The firm’s 50 day moving average price is $22.55 and its 200-day moving average price is $24.75. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.28 and a quick ratio of 0.93. The stock has a market cap of $1.73 billion, a P/E ratio of 27.50 and a beta of 1.86.

5N Plus (OTCMKTS:FPLSF) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $122.36 million during the quarter, compared to analyst estimates of $114.11 million. 5N Plus had a net margin of 14.14% and a return on equity of 26.36%. As a group, equities research analysts forecast that 5N Plus Inc. will post 0.64 earnings per share for the current year.

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.