5N Plus (OTCMKTS:FPLSF) Trading Down 7.8% – What’s Next?

5N Plus Inc. (OTCMKTS:FPLSF) shares dropped 7.8% during trading on Wednesday . The stock traded as low as $16.92 and last traded at $16.92. 332 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 50,228 shares. The stock had previously closed at $18.3435.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on FPLSF. Raymond James Financial upgraded shares of 5N Plus from an “outperform” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Scotiabank started coverage on shares of 5N Plus in a research report on Monday, June 22nd. They issued an “outperform” rating on the stock. Royal Bank Of Canada initiated coverage on 5N Plus in a report on Tuesday, July 21st. They issued a “moderate buy” rating on the stock. Finally, Zacks Research upgraded 5N Plus to a “hold” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

5N Plus Stock Performance

The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.30 and a current ratio of 2.69. The stock’s 50-day simple moving average is $23.88 and its two-hundred day simple moving average is $24.83. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 24.17 and a beta of 1.89.

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

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.