5N Plus (OTCMKTS:FPLSF) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

5N Plus Inc. (OTCMKTS:FPLSF) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $23.12 and traded as high as $23.62. 5N Plus shares last traded at $23.62, with a volume of 233,860 shares traded.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Scotiabank reiterated an “outperform” rating on shares of 5N Plus in a research report on Monday, September 28th. Royal Bank Of Canada started coverage on shares of 5N Plus in a research report on Tuesday, July 21st. They issued a “moderate buy” rating for the company. Raymond James Financial raised 5N Plus from an “outperform” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Finally, Zacks Research upgraded shares of 5N Plus to a “hold” rating in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

5N Plus Stock Performance

The company has a quick ratio of 0.93, a current ratio of 2.28 and a debt-to-equity ratio of 0.33. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 36.91 and a beta of 1.94. The company has a 50 day moving average of $20.14 and a 200 day moving average of $23.12.

5N Plus (OTCMKTS:FPLSF) last issued its quarterly earnings results on Monday, November 2nd. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The business had revenue of $136.39 million during the quarter, compared to analyst estimates of $122.77 million. 5N Plus had a net margin of 11.99% and a return on equity of 26.34%. As a group, equities research analysts expect that 5N Plus Inc. will post 0.64 EPS for the current fiscal year.

5N Plus Company Profile

5N Plus Inc is a Canada-based manufacturer of specialty semiconductor materials and high-purity metals. The company produces refined elements, compounds, and engineered materials used in applications that require tightly controlled chemical composition and performance.

Its products include materials based on elements such as indium, gallium, selenium, tellurium, cadmium, bismuth, and germanium. These materials support a range of markets, including thin-film solar power, light-emitting diodes, radiation detection, medical imaging, advanced electronics, and pharmaceutical applications.

Founded in 2000 and headquartered in Montreal, Quebec, 5N Plus serves customers internationally through production and commercial operations in multiple regions.