5N Plus (TSE:VNP) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

5N Plus Inc. (TSE:VNP)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.91 and traded as high as C$7.43. 5N Plus shares last traded at C$7.17, with a volume of 89,845 shares.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Ventum Financial set a C$10.00 price objective on 5N Plus and gave the company a “buy” rating in a report on Thursday, December 12th. Ventum Cap Mkts raised shares of 5N Plus to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, National Bankshares boosted their price objective on shares of 5N Plus from C$8.00 to C$8.50 in a report on Tuesday, November 5th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$8.60.

5N Plus Trading Down 4.1 %

The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. The company has a market cap of C$637.56 million, a PE ratio of 44.81, a PEG ratio of 6,283.33 and a beta of 1.55. The stock has a 50 day moving average price of C$7.41 and a 200 day moving average price of C$6.91.

Insider Buying and Selling at 5N Plus

In related news, Director Jean-Marie Bourassa purchased 9,000 shares of the stock in a transaction dated Friday, November 15th. The stock was purchased at an average price of C$6.75 per share, with a total value of C$60,750.00. Insiders own 4.91% of the company’s stock.

About 5N Plus

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.