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

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $19.3162, but opened at $17.9450. 5N Plus shares last traded at $17.9450, with a volume of 2,740 shares.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Raymond James Financial raised 5N Plus from an “outperform” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Zacks Research raised 5N Plus to a “hold” rating in a research note on Thursday, July 30th. Royal Bank Of Canada assumed coverage on shares of 5N Plus in a research report on Tuesday, July 21st. They set a “moderate buy” rating on the stock. Finally, Scotiabank assumed coverage on shares of 5N Plus in a research note on Monday, June 22nd. They set an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, 5N Plus presently has a consensus rating of “Buy”.

5N Plus Stock Down 1.5%

The company has a market cap of $1.59 billion, a P/E ratio of 25.31 and a beta of 1.86. 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 company has a fifty day moving average of $21.51 and a 200 day moving average of $24.64.

5N Plus (OTCMKTS:FPLSF) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. 5N Plus had a net margin of 14.14% and a return on equity of 26.36%. The firm had revenue of $122.36 million for the quarter, compared to analysts’ expectations of $114.11 million. On average, research analysts anticipate that 5N Plus Inc. will post 0.64 earnings per share for the current fiscal year.

5N Plus Company Profile

5N Plus Inc is a Canadian specialty materials company that produces high-purity metals, metal compounds and engineered materials for use in technology-driven industries. Its products are designed to meet demanding requirements for purity, consistency and performance in applications such as semiconductors, solar energy, medical imaging, pharmaceuticals and industrial manufacturing.

The company’s product portfolio includes specialty metals and compounds based on elements such as bismuth, gallium, indium, selenium and tellurium, as well as materials used in semiconductor and optoelectronic applications.