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

5N Plus Inc. (TSE:VNP) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$18.65 and traded as high as C$28.20. 5N Plus shares last traded at C$27.09, with a volume of 505,556 shares traded.

Analyst Ratings Changes

Several research analysts have issued reports on VNP shares. Canaccord Genuity Group upped their price target on 5N Plus from C$26.00 to C$31.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Desjardins lifted their target price on 5N Plus from C$24.50 to C$30.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. National Bank Financial upped their target price on 5N Plus from C$30.00 to C$33.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. ATB Cormark Capital Markets decreased their price target on 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating for the company in a research report on Tuesday, February 3rd. Finally, Ventum Financial lifted their target price on shares of 5N Plus from C$26.00 to C$30.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to MarketBeat.com, 5N Plus has an average rating of “Buy” and a consensus price target of C$31.25.

5N Plus Price Performance

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 has a 50-day simple moving average of C$21.00 and a 200 day simple moving average of C$18.65. The stock has a market capitalization of C$2.41 billion, a price-to-earnings ratio of 55.29, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.19.

5N Plus Company Profile

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.