5N Plus (OTCMKTS:FPLSF) Shares Gap Up – Still a Buy?

5N Plus Inc. (OTCMKTS:FPLSF)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $20.9580, but opened at $22.2771. 5N Plus shares last traded at $22.3911, with a volume of 2,005 shares trading hands.

Analyst Ratings Changes

Several equities analysts have recently issued reports on FPLSF shares. Scotiabank restated an “outperform” rating on shares of 5N Plus in a report on Monday. Zacks Research raised shares of 5N Plus to a “hold” rating in a research report on Thursday, July 30th. Royal Bank Of Canada initiated coverage on shares of 5N Plus in a research note on Tuesday, July 21st. They set a “moderate buy” rating on the stock. Finally, Raymond James Financial raised shares of 5N Plus from an “outperform” rating to a “strong-buy” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy”.

5N Plus Trading Up 2.3%

The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.93 and a current ratio of 2.28. The company’s fifty day moving average is $20.59 and its two-hundred day moving average is $24.57. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 31.77 and a beta of 1.86.

5N Plus (OTCMKTS:FPLSF) last issued its earnings results on Monday, August 3rd. The company reported $0.17 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $114.11 million. On average, research analysts anticipate that 5N Plus Inc. will post 0.64 EPS for the current 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.