National Bankshares Lowers 5N Plus (TSE:VNP) to Sector Perform

National Bankshares downgraded shares of 5N Plus (TSE:VNP – Get Rating) from an outperform rating to a sector perform rating in a research report report published on Thursday, BayStreet.CA reports. The firm currently has C$2.50 price objective on the stock, down from their previous price objective of C$4.25.

A number of other brokerages have also commented on VNP. Raymond James set a C$4.00 price target on shares of 5N Plus and gave the stock an outperform rating in a report on Tuesday, March 22nd. Desjardins reiterated a buy rating on shares of 5N Plus in a research report on Wednesday, February 23rd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Buy and a consensus price target of C$4.15.

TSE:VNP opened at C$1.30 on Thursday. The stock’s 50-day simple moving average is C$2.18 and its 200 day simple moving average is C$2.34. 5N Plus has a 52-week low of C$1.21 and a 52-week high of C$4.34. The company has a market cap of C$114.83 million and a P/E ratio of 27.08. The company has a debt-to-equity ratio of 109.18, a quick ratio of 1.28 and a current ratio of 3.01.

5N Plus (TSE:VNP – Get Rating) last announced its earnings results on Tuesday, February 22nd. The company reported C$0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.02. The business had revenue of C$81.39 million for the quarter, compared to analyst estimates of C$72.07 million. As a group, equities analysts predict that 5N Plus will post 0.18 earnings per share for the current fiscal year.

About 5N Plus (Get Rating)

5N Plus Inc produces and sells semiconductors in North America, Europe, and Asia. It operates through Specialty Semiconductors and Performance Material segments. The company offers low melting point alloys, semiconductor compounds and wafers, as well as various chemicals, and metals. It is also involved in manufacture of metallic powders for micro-electronic and manufacturing applications.

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