5N Plus (TSE:VNP) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

5N Plus Inc. (TSE:VNP)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$6.85 and traded as high as C$8.10. 5N Plus shares last traded at C$8.07, with a volume of 52,269 shares changing hands.

Analysts Set New Price Targets

Separately, Cormark raised shares of 5N Plus to a “moderate buy” rating in a report on Monday, April 21st. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$8.60.

5N Plus Stock Up 0.9%

The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29. The stock’s 50-day moving average is C$6.81 and its 200-day moving average is C$6.85. The stock has a market cap of C$506.58 million, a P/E ratio of 31.73, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55.

Insider Buying and Selling at 5N Plus

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

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.