5N Plus (TSE:VNP) Shares Pass Above 200 Day Moving Average of $5.45

5N Plus Inc. (TSE:VNP) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.45 and traded as high as C$6.81. 5N Plus shares last traded at C$6.71, with a volume of 82,454 shares.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Cormark increased their target price on 5N Plus from C$5.50 to C$7.50 and gave the stock a “buy” rating in a research note on Friday, June 7th. Raymond James increased their target price on 5N Plus from C$7.50 to C$8.50 in a research note on Friday. National Bankshares increased their target price on 5N Plus from C$6.50 to C$8.00 and gave the stock an “outperform” rating in a research note on Monday, August 26th. Finally, Desjardins increased their target price on 5N Plus from C$6.75 to C$7.25 and gave the stock a “buy” rating in a research note on Wednesday, August 7th.

5N Plus Stock Performance

The stock has a 50 day simple moving average of C$6.15 and a 200 day simple moving average of C$5.47. 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 stock has a market cap of C$607.32 million, a P/E ratio of 42.69, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.56.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Monday, August 5th. The company reported C$0.08 EPS for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.02. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. The firm had revenue of C$102.04 million for the quarter, compared to analyst estimates of C$91.45 million. On average, equities analysts expect that 5N Plus Inc. will post 0.274083 earnings per share for the current year.

Insider Buying and Selling at 5N Plus

In other 5N Plus news, Senior Officer Richard Perron sold 4,200 shares of the firm’s stock in a transaction on Tuesday, June 11th. The stock was sold at an average price of C$6.08, for a total value of C$25,536.00. In other news, Director Luc Bertrand acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were bought at an average price of C$6.01 per share, with a total value of C$30,045.00. Also, Senior Officer Richard Perron sold 4,200 shares of the firm’s stock in a transaction on Tuesday, June 11th. The shares were sold at an average price of C$6.08, for a total value of C$25,536.00. Company 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.