5N Plus (TSE:VNP) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of 5N Plus Inc. (TSE:VNP) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$6.78 and traded as high as C$8.19. 5N Plus shares last traded at C$8.09, with a volume of 143,109 shares traded.

Wall Street Analyst Weigh In

Separately, Cormark upgraded 5N Plus to a “moderate buy” rating in a report on Monday, April 21st. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$8.60.

5N Plus Stock Down 0.4%

The business has a 50 day moving average of C$6.49 and a 200 day moving average of C$6.78. The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51. The firm has a market capitalization of C$507.84 million, a price-to-earnings ratio of 31.81, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55.

Insider Activity at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa sold 400,000 shares of the company’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$5.55, for a total value of C$2,220,000.00. 4.91% 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.