5N Plus Inc. (TSE:VNP – Get Free Report)’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.
Check Out Our Latest Stock Analysis on 5N Plus
5N Plus Price Performance
5N Plus (TSE:VNP – Get Free Report) 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.
Further Reading
- Five stocks we like better than 5N Plus
- Business Services Stocks Investing
- Why Lennar Stock Could Be the Best Play in the Housing Market
- How to Invest in Tech StocksĀ and Top Tech Stocks to Consider
- 2 Energy Stocks Fueling the AI Datacenter Boom
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
Receive News & Ratings for 5N Plus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 5N Plus and related companies with MarketBeat.com's FREE daily email newsletter.