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

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $19.85, but opened at $20.85. 5N Plus shares last traded at $20.85, with a volume of 102 shares trading hands.

Analyst Ratings Changes

FPLSF has been the subject of a number of recent analyst reports. Scotiabank initiated coverage on 5N Plus in a report on Monday, June 22nd. They set an “outperform” rating for the company. Raymond James Financial raised shares of 5N Plus from an “outperform” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada began coverage on shares of 5N Plus in a research report on Tuesday, July 21st. They set a “moderate buy” rating on the stock. Finally, Zacks Research upgraded 5N Plus to a “hold” rating in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

5N Plus Trading Up 1.9%

The company has a market capitalization of $1.82 billion, a PE ratio of 28.89 and a beta of 1.89. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.30. The company’s fifty day moving average is $25.47 and its 200-day moving average is $24.89.

5N Plus (OTCMKTS:FPLSF) last posted its earnings results on Monday, August 3rd. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $122.36 million during the quarter, compared to analyst estimates of $114.11 million. 5N Plus had a return on equity of 27.47% and a net margin of 14.14%. On average, analysts anticipate that 5N Plus Inc. will post 0.64 EPS for the current fiscal year.

5N Plus Company Profile

5N Plus Inc is a Canadian specialty chemicals and materials company that develops, manufactures and commercializes high‐purity metals and compounds for advanced technology markets. The company’s product portfolio spans a range of elemental metals—including bismuth, antimony, tellurium, selenium, indium and germanium—along with organometallic precursors, catalysts and radioisotopes. These materials are engineered to meet stringent purity standards (commonly known as “five‐nines” or 99.999% purity) for critical applications in electronics, photovoltaics, catalysts and life sciences.

Founded in 2000 and headquartered in Boucherville, Quebec, 5N Plus has grown from its roots in high‐purity research to a global manufacturing and distribution platform.