5N Plus (TSE:VNP) Share Price Crosses Above 200-Day Moving Average of $3.90

Shares of 5N Plus Inc. (TSE:VNP) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.90 and traded as high as C$5.00. 5N Plus shares last traded at C$4.88, with a volume of 258,904 shares.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Raymond James boosted their price objective on 5N Plus from C$5.00 to C$6.00 and gave the company a “strong-buy” rating in a research report on Monday, February 26th. National Bankshares upped their price objective on shares of 5N Plus from C$4.75 to C$5.25 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th.

5N Plus Trading Up 5.2 %

The company has a 50 day simple moving average of C$4.62 and a 200 day simple moving average of C$3.90. The company has a market capitalization of C$433.30 million, a PE ratio of 21.22, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.64. The company has a debt-to-equity ratio of 107.81, a quick ratio of 1.51 and a current ratio of 2.22.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Tuesday, February 27th. The company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.02). 5N Plus had a return on equity of 12.76% and a net margin of 6.35%. The firm had revenue of C$88.59 million for the quarter, compared to analysts’ expectations of C$84.15 million. Analysts anticipate that 5N Plus Inc. will post 0.272063 earnings per share for the current year.

Insider Transactions at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa bought 60,100 shares of 5N Plus stock in a transaction dated Friday, March 1st. The stock was acquired at an average cost of C$4.52 per share, for a total transaction of C$271,561.85. Insiders acquired 69,100 shares of company stock valued at $312,032 over the last 90 days. 4.93% of the stock is currently owned by corporate insiders.

5N Plus Company Profile

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.