5N Plus (OTCMKTS:FPLSF) Shares Cross Below 50 Day Moving Average – Time to Sell?

5N Plus Inc. (OTCMKTS:FPLSF)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $26.19 and traded as low as $21.99. 5N Plus shares last traded at $21.99, with a volume of 7,455 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on FPLSF shares. Scotiabank began coverage on 5N Plus in a report on Monday, June 22nd. They set an “outperform” rating on the stock. Raymond James Financial raised 5N Plus from an “outperform” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada assumed coverage on 5N Plus in a research note 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 assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, 5N Plus has a consensus rating of “Buy”.

5N Plus Stock Up 1.4%

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 stock has a market cap of $1.98 billion, a price-to-earnings ratio of 31.41 and a beta of 1.89. The firm has a 50 day simple moving average of $26.19 and a two-hundred day simple moving average of $24.68.

5N Plus (OTCMKTS:FPLSF) last posted 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. 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%. As a group, sell-side analysts expect that 5N Plus Inc. will post 0.64 EPS 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.