5N Plus (OTCMKTS:FPLSF) Shares Up 11.7% - Should You Buy?

Key Points

• 5N Plus shares rose 11.7% to $21.17, though trading volume was 98% below the average daily level, suggesting limited market activity behind the move.
• Analyst sentiment is generally positive: Raymond James upgraded the stock to “strong buy,” while the overall consensus rating is “Buy” from four analysts.
• The company exceeded quarterly expectations, reporting $0.17 EPS versus $0.16 expected and revenue of $122.36 million versus $114.11 million estimated.

5N Plus Inc. (OTCMKTS:FPLSF - Get Free Report)'s stock price was up 11.7% during mid-day trading on Tuesday . The company traded as high as $21.17 and last traded at $21.17. 1,100 shares were traded during trading, a decline of 98% from the average session volume of 53,024 shares. The stock had previously closed at $18.95.

Wall Street Analyst Weigh In

FPLSF has been the topic of several recent research reports. Raymond James Financial raised shares of 5N Plus from an "outperform" rating to a "strong-buy" rating in a report on Wednesday, August 5th. Zacks Research raised shares of 5N Plus to a "hold" rating in a research note on Thursday, July 30th. Royal Bank Of Canada started coverage on shares of 5N Plus in a report on Tuesday, July 21st. They issued a "moderate buy" rating for the company. Finally, Scotiabank initiated coverage on 5N Plus in a report on Monday, June 22nd. They set an "outperform" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, 5N Plus presently has an average rating of "Buy".

5N Plus Trading Up 8.9%

The company has a market capitalization of $1.89 billion, a P/E ratio of 30.02 and a beta of 1.86. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.93 and a current ratio of 2.28. The business has a fifty day moving average of $20.97 and a 200-day moving average of $24.57.

5N Plus (OTCMKTS:FPLSF - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $122.36 million during the quarter, compared to analyst estimates of $114.11 million. 5N Plus had a return on equity of 26.36% and a net margin of 14.14%. Analysts anticipate that 5N Plus Inc. will post 0.64 earnings per share for the current fiscal year.

About 5N Plus

5N Plus Inc is a Canadian specialty materials company that produces high-purity metals, metal compounds and engineered materials for use in technology-driven industries. Its products are designed to meet demanding requirements for purity, consistency and performance in applications such as semiconductors, solar energy, medical imaging, pharmaceuticals and industrial manufacturing.

The company's product portfolio includes specialty metals and compounds based on elements such as bismuth, gallium, indium, selenium and tellurium, as well as materials used in semiconductor and optoelectronic applications.

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