5N Plus (OTCMKTS:FPLSF) Stock Price Up 2.7% - Here's What Happened

Key Points

• 5N Plus Inc. (OTCMKTS:FPLSF) saw its stock price increase by 2.7%, reaching $12.86, despite a 76% drop in trading volume compared to the average session.
• Analysts have a consensus rating of "Buy" for 5N Plus, with Raymond James Financial reissuing an "outperform" rating for the stock.
• The company reported earnings of $0.18 per share for the previous quarter, significantly surpassing analysts' expectations and generating revenue of $95.31 million, above the forecast of $85.14 million.

5N Plus Inc. (OTCMKTS:FPLSF - Get Free Report) traded up 2.7% on Monday . The company traded as high as $12.86 and last traded at $12.86. 2,746 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 11,473 shares. The stock had previously closed at $12.52.

Wall Street Analyst Weigh In

Separately, Raymond James Financial reissued an "outperform" rating on shares of 5N Plus in a report on Friday. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy".

5N Plus Trading Up 2.7%

The company has a current ratio of 3.35, a quick ratio of 1.51 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $1.15 billion, a PE ratio of 35.73 and a beta of 1.90. The stock has a 50 day moving average price of $24.20 and a 200-day moving average price of $12.57.

5N Plus (OTCMKTS:FPLSF - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.08. The company had revenue of $95.31 million for the quarter, compared to the consensus estimate of $85.14 million. 5N Plus had a return on equity of 24.47% and a net margin of 9.64%.

About 5N Plus

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.

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