5N Plus (TSE:VNP) Stock Crosses Above 200-Day Moving Average of $5.76

5N Plus Inc. (TSE:VNP)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.76 and traded as high as C$6.73. 5N Plus shares last traded at C$6.56, with a volume of 89,702 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Cormark upped their price target on shares of 5N Plus from C$5.50 to C$7.50 and gave the stock a “buy” rating in a research note on Friday, June 7th. National Bankshares upped their target price on 5N Plus from C$6.50 to C$8.00 and gave the stock an “outperform” rating in a research report on Monday, August 26th. Raymond James lifted their price target on 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th. Finally, Desjardins boosted their price target on 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a research note on Tuesday, September 10th.

5N Plus Price Performance

The company’s 50-day simple moving average is C$6.47 and its 200 day simple moving average is C$5.76. The company has a quick ratio of 1.51, a current ratio of 3.47 and a debt-to-equity ratio of 110.23. The stock has a market capitalization of C$583.32 million, a price-to-earnings ratio of 41.00, a P/E/G ratio of 6,283.33 and a beta of 1.57.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Monday, August 5th. The company reported C$0.08 EPS for the quarter, beating analysts’ consensus estimates of C$0.06 by C$0.02. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. The business had revenue of C$102.04 million for the quarter, compared to analyst estimates of C$91.45 million. Equities research analysts forecast that 5N Plus Inc. will post 0.3717452 EPS for the current year.

Insider Buying and Selling at 5N Plus

In other news, Senior Officer Richard Perron acquired 75,000 shares of 5N Plus stock in a transaction dated Wednesday, September 11th. The stock was acquired at an average cost of C$6.95 per share, for a total transaction of C$521,250.00. Corporate insiders own 4.91% of the company’s stock.

5N Plus Company Profile

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.