5N Plus (OTCMKTS:FPLSF) Shares Gap Down - Should You Sell?

Key Points

• 5N Plus shares opened sharply lower, falling from a previous close of $19.705 to $18.79, though trading volume was very light at 245 shares.
• Analyst sentiment remains positive: the stock has a consensus “Buy” rating, including one Strong Buy, two Buys and one Hold.
• The company exceeded quarterly expectations, reporting $0.17 in EPS versus estimates of $0.16 and revenue of $122.36 million versus the $114.11 million consensus.

5N Plus Inc. (OTCMKTS:FPLSF - Get Free Report)'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $19.7050, but opened at $18.79. 5N Plus shares last traded at $18.79, with a volume of 245 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on FPLSF shares. Zacks Research upgraded 5N Plus to a "hold" rating in a research report on Thursday, July 30th. Scotiabank started coverage on 5N Plus in a research note on Monday, June 22nd. They set an "outperform" rating for the company. Royal Bank Of Canada assumed coverage on 5N Plus in a research report on Tuesday, July 21st. They set a "moderate buy" rating for the company. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, 5N Plus presently has a consensus rating of "Buy".

5N Plus Trading Up 0.2%

The company has a quick ratio of 1.30, a current ratio of 2.69 and a debt-to-equity ratio of 0.55. The stock's 50 day moving average is $25.11 and its two-hundred day moving average is $24.89. The company has a market capitalization of $1.69 billion, a PE ratio of 26.84 and a beta of 1.89.

5N Plus (OTCMKTS:FPLSF - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $122.36 million during the quarter, compared to analyst estimates of $114.11 million. 5N Plus had a net margin of 14.14% and a return on equity of 27.47%. As a group, sell-side analysts predict 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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