5N Plus (TSE:VNP) Sets New 52-Week High – What’s Next?

5N Plus Inc. (TSE:VNP) reached a new 52-week high during trading on Monday . The company traded as high as C$8.11 and last traded at C$8.11, with a volume of 51397 shares trading hands. The stock had previously closed at C$7.93.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on VNP shares. National Bankshares raised their price objective on 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th. Ventum Cap Mkts upgraded shares of 5N Plus to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Ventum Financial set a C$10.00 price objective on shares of 5N Plus and gave the company a “buy” rating in a research note on Thursday, December 12th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$8.60.

5N Plus Stock Down 0.1 %

The company has a market cap of C$716.70 million, a price-to-earnings ratio of 50.38, a P/E/G ratio of 6,283.33 and a beta of 1.55. The stock’s 50-day moving average is C$7.00 and its 200-day moving average is C$6.69. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23.

5N Plus (TSE:VNP) last announced its quarterly earnings data on Monday, November 4th. The company reported C$0.12 earnings per share for the quarter, beating the consensus estimate of C$0.08 by C$0.04. 5N Plus had a net margin of 4.15% and a return on equity of 8.56%. During the same quarter last year, the company earned $0.03 EPS. On average, analysts anticipate that 5N Plus Inc. will post 0.3739703 earnings per share for the current fiscal year.

Insider Buying and Selling at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa acquired 9,000 shares of the stock in a transaction on Friday, November 15th. The shares were purchased at an average price of C$6.75 per share, for a total transaction of C$60,750.00. 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.