5N Plus (OTCMKTS:FPLSF) Shares Down 8.8% – Here’s Why

5N Plus Inc. (OTCMKTS:FPLSF) shares were down 8.8% on Tuesday . The company traded as low as $26.69 and last traded at $26.76. 5,375 shares were traded during trading, a decline of 89% from the average daily volume of 48,821 shares. The stock had previously closed at $29.35.

Analysts Set New Price Targets

Separately, Scotiabank started coverage on shares of 5N Plus in a report on Monday. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.

5N Plus Price Performance

The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.30. The business’s 50-day moving average price is $28.17 and its two-hundred day moving average price is $21.76. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 42.66 and a beta of 1.84.

5N Plus (OTCMKTS:FPLSF) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. The firm had revenue of $117.89 million for the quarter, compared to analysts’ expectations of $104.04 million. 5N Plus had a net margin of 13.99% and a return on equity of 28.72%.

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.