5N Plus (OTCMKTS:FPLSF) Shares Gap Down – Should You Sell?

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $24.45, but opened at $22.0937. 5N Plus shares last traded at $22.0937, with a volume of 253 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on FPLSF shares. Scotiabank assumed coverage on shares of 5N Plus in a research note on Monday, June 22nd. They set an “outperform” rating for the company. Royal Bank Of Canada began coverage on 5N Plus in a research report on Tuesday, July 21st. They issued a “moderate buy” rating on the stock. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, 5N Plus has an average rating of “Buy”.

5N Plus Stock Up 3.1%

The firm has a market capitalization of $2.08 billion, a P/E ratio of 35.57 and a beta of 1.85. The stock has a fifty day moving average price of $28.16 and a two-hundred day moving average price of $24.15. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.30 and a current ratio of 2.69.

5N Plus (OTCMKTS:FPLSF) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. 5N Plus had a net margin of 13.99% and a return on equity of 28.72%. The company had revenue of $117.89 million for the quarter, compared to the consensus estimate of $104.04 million.

About 5N Plus

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.