5N Plus (OTCMKTS:FPLSF) Trading Down 8.8% – What’s Next?

5N Plus Inc. (OTCMKTS:FPLSF) fell 8.8% on Tuesday . The stock traded as low as $26.69 and last traded at $26.76. 5,375 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 48,821 shares. The stock had previously closed at $29.35.

Analysts Set New Price Targets

Separately, Scotiabank assumed coverage on shares of 5N Plus in a report on Monday. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, 5N Plus currently has an average rating of “Buy”.

5N Plus Trading Down 7.5%

The firm has a fifty day moving average of $28.11 and a 200-day moving average of $21.57. 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 has a market capitalization of $2.42 billion, a price-to-earnings ratio of 41.32 and a beta of 1.84.

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