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

Shares of 5N Plus Inc. (OTCMKTS:FPLSF) gapped down prior to trading on Monday . The stock had previously closed at $28.4880, but opened at $26.2610. 5N Plus shares last traded at $26.24, with a volume of 571 shares traded.

Analyst Ratings Changes

Separately, Scotiabank initiated coverage on 5N Plus in a research report on Monday, June 22nd. They set an “outperform” rating for the company. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

5N Plus Trading Down 7.9%

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 stock has a market capitalization of $2.36 billion, a PE ratio of 40.37 and a beta of 1.85. The stock’s 50 day simple moving average is $29.28 and its two-hundred day simple moving average is $23.07.

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

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.