5N Plus (OTCMKTS:FPLSF) Shares Gap Up - Should You Buy?

Key Points

• 5N Plus shares opened sharply higher, rising from a previous close of $19.85 to $20.85, although trading volume was extremely low at just 102 shares.
• Analyst sentiment is broadly positive: one analyst rates the stock Strong Buy, two rate it Buy, and one rates it Hold, producing a consensus “Buy” rating.
• The company exceeded quarterly expectations, reporting $0.17 EPS versus $0.16 expected and revenue of $122.36 million versus $114.11 million. Analysts expect full-year EPS of $0.64.

5N Plus Inc. (OTCMKTS:FPLSF - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $19.85, but opened at $20.85. 5N Plus shares last traded at $20.85, with a volume of 102 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Zacks Research upgraded 5N Plus to a "hold" rating in a research note on Thursday, July 30th. Royal Bank Of Canada started coverage on 5N Plus in a report on Tuesday, July 21st. They set a "moderate buy" rating for the company. Raymond James Financial raised shares of 5N Plus from an "outperform" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. Finally, Scotiabank began coverage on shares of 5N Plus in a research report on Monday, June 22nd. They set an "outperform" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, 5N Plus currently has a consensus rating of "Buy".

5N Plus Price Performance

The stock has a market capitalization of $1.82 billion, a PE ratio of 28.89 and a beta of 1.89. The business has a fifty day moving average price of $25.47 and a 200-day moving average price of $24.89. The company has a current ratio of 2.69, a quick ratio of 1.30 and a debt-to-equity ratio of 0.55.

5N Plus (OTCMKTS:FPLSF - Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. 5N Plus had a return on equity of 27.47% and a net margin of 14.14%.The firm had revenue of $122.36 million for the quarter, compared to the consensus estimate of $114.11 million. Research analysts expect that 5N Plus Inc. will post 0.64 EPS for the current fiscal year.

About 5N Plus

5N Plus Inc is a Canadian specialty chemicals and materials company that develops, manufactures and commercializes high‐purity metals and compounds for advanced technology markets. The company's product portfolio spans a range of elemental metals—including bismuth, antimony, tellurium, selenium, indium and germanium—along with organometallic precursors, catalysts and radioisotopes. These materials are engineered to meet stringent purity standards (commonly known as “five‐nines” or 99.999% purity) for critical applications in electronics, photovoltaics, catalysts and life sciences.

Founded in 2000 and headquartered in Boucherville, Quebec, 5N Plus has grown from its roots in high‐purity research to a global manufacturing and distribution platform.

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