5N Plus (TSE:VNP) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

5N Plus Inc. (TSE:VNP)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$6.45 and traded as high as C$7.23. 5N Plus shares last traded at C$7.20, with a volume of 37,944 shares trading hands.

Analyst Upgrades and Downgrades

VNP has been the subject of several analyst reports. Ventum Financial set a C$10.00 target price on 5N Plus and gave the stock a “buy” rating in a research note on Thursday, December 12th. Ventum Cap Mkts raised shares of 5N Plus to a “strong-buy” rating in a report on Wednesday, December 11th. Desjardins upped their target price on shares of 5N Plus from C$7.25 to C$8.50 and gave the stock a “buy” rating in a research report on Tuesday, September 10th. Raymond James lifted their target price on shares of 5N Plus from C$7.50 to C$8.50 in a research report on Friday, September 6th. Finally, National Bankshares upped their price objective on shares of 5N Plus from C$8.00 to C$8.50 in a research note on Tuesday, November 5th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, 5N Plus currently has an average rating of “Buy” and an average price target of C$8.60.

5N Plus Stock Up 0.8 %

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 company has a market capitalization of C$645.56 million, a price-to-earnings ratio of 45.38, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55. The company has a 50-day moving average of C$6.73 and a 200-day moving average of C$6.47.

Insider Activity at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa acquired 9,000 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was acquired at an average cost of C$6.75 per share, for a total transaction of C$60,750.00. 4.91% of the stock is currently owned by insiders.

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.