5N Plus (OTCMKTS:FPLSF) Shares Up 24.4% - Here's Why

Key Points

• 5N Plus shares rose 24.4% to $23.93, but trading was exceptionally thin: only about 100 shares changed hands versus an average of 63,437.
• The company beat quarterly estimates, reporting EPS of $0.20 versus $0.16 expected and revenue of $136.39 million versus $122.77 million expected.
• Analyst sentiment is broadly positive: MarketBeat reports a consensus Buy rating, including a recent upgrade to Strong Buy by Raymond James.

5N Plus Inc. (OTCMKTS:FPLSF - Get Free Report) traded up 24.4% on Wednesday. The company traded as high as $23.9309 and last traded at $23.9309. Approximately 100 shares changed hands during trading, a decline of 100% from the average session volume of 63,437 shares. The stock had previously closed at $19.24.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on FPLSF shares. Royal Bank Of Canada assumed coverage on 5N Plus in a research note on Tuesday, July 21st. They set a "moderate buy" rating on the stock. Scotiabank reaffirmed an "outperform" rating on shares of 5N Plus in a research note on Monday, September 28th. Zacks Research raised 5N Plus to a "hold" rating in a research report on Thursday, July 30th. Finally, Raymond James Financial raised 5N Plus from an "outperform" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy".

5N Plus Price Performance

The firm has a market capitalization of $2.01 billion, a PE ratio of 34.89 and a beta of 1.94. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.28 and a quick ratio of 0.93. The firm has a 50-day simple moving average of $19.93 and a 200-day simple moving average of $23.00.

5N Plus (OTCMKTS:FPLSF - Get Free Report) last announced its earnings results on Monday, November 2nd. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.04. The business had revenue of $136.39 million for the quarter, compared to the consensus estimate of $122.77 million. 5N Plus had a net margin of 11.99% and a return on equity of 26.34%. As a group, equities analysts forecast that 5N Plus Inc. will post 0.64 earnings per share for the current year.

5N Plus Company Profile

5N Plus Inc is a Canada-based manufacturer of specialty semiconductor materials and high-purity metals. The company produces refined elements, compounds, and engineered materials used in applications that require tightly controlled chemical composition and performance.

Its products include materials based on elements such as indium, gallium, selenium, tellurium, cadmium, bismuth, and germanium. These materials support a range of markets, including thin-film solar power, light-emitting diodes, radiation detection, medical imaging, advanced electronics, and pharmaceutical applications.

Founded in 2000 and headquartered in Montreal, Quebec, 5N Plus serves customers internationally through production and commercial operations in multiple regions.

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