5N Plus (TSE:VNP) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• The stock price of 5N Plus Inc. (TSE:VNP) surpassed its 200-day moving average, indicating a potential bullish trend, with shares trading at C$15.32.
• Analyst ratings have improved, with Desjardins and Ventum Financial both raising their price targets to C$14.00, and the stock currently holds an average price target of C$12.83.
• 5N Plus's market capitalization stands at C$1.36 billion, with a P/E ratio of 42.56, reflecting a solid valuation despite a recent stock decline of 2.7%.

5N Plus Inc. (TSE:VNP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$9.13 and traded as high as C$15.83. 5N Plus shares last traded at C$15.32, with a volume of 173,183 shares traded.

Analyst Ratings Changes

Several research firms have recently issued reports on VNP. National Bankshares increased their price target on 5N Plus from C$9.00 to C$10.50 and gave the stock an "outperform" rating in a research note on Friday, June 6th. National Bank Financial raised 5N Plus to a "strong-buy" rating in a research note on Thursday, June 12th. Ventum Financial raised their target price on 5N Plus from C$11.00 to C$14.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, Desjardins raised their target price on 5N Plus from C$11.00 to C$14.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of C$12.83.

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 firm has a market cap of C$1.35 billion, a price-to-earnings ratio of 42.19, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.44. The stock has a 50-day moving average of C$13.59 and a two-hundred day moving average of C$9.38.

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.