5N Plus (OTCMKTS:FPLSF) Stock Price Down 8.2% - Time to Sell?

Key Points

• 5N Plus shares fell 8.2% to $19.82 in mid-day trading, with volume plunging 97% below the average session level. The stock’s 50-day and 200-day moving averages were $20.27 and $24.54, respectively.
• Despite the decline, analysts remain generally positive: the stock has an average “Buy” rating, including one Strong Buy, two Buy ratings and one Hold rating.
• The company recently exceeded quarterly expectations, reporting $0.17 EPS versus $0.16 expected and revenue of $122.36 million versus $114.11 million forecast. Analysts project full-year EPS of $0.64.

5N Plus Inc. (OTCMKTS:FPLSF - Get Free Report) traded down 8.2% during mid-day trading on Thursday. The stock traded as low as $19.8192 and last traded at $19.8192. 1,635 shares were traded during mid-day trading, a decline of 97% from the average session volume of 59,657 shares. The stock had previously closed at $21.59.

Wall Street Analysts Forecast Growth

FPLSF has been the subject of several recent analyst reports. Raymond James Financial upgraded 5N Plus from an "outperform" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. Scotiabank reiterated an "outperform" rating on shares of 5N Plus in a report on Monday, September 28th. Royal Bank Of Canada started coverage on 5N Plus in a research note on Tuesday, July 21st. They set a "moderate buy" rating for the company. Finally, Zacks Research upgraded 5N Plus to a "hold" rating in a report on Thursday, July 30th. One investment 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. Based on data from MarketBeat.com, the company has an average rating of "Buy".

5N Plus Trading Down 5.4%

The stock has a market capitalization of $1.79 billion, a P/E ratio of 28.37 and a beta of 1.88. The stock's fifty day moving average price is $20.27 and its 200 day moving average price is $24.54. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.28 and a quick ratio of 0.93.

5N Plus (OTCMKTS:FPLSF - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The company 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 26.36%. Research analysts forecast that 5N Plus Inc. will post 0.64 earnings per share for the current year.

About 5N Plus

5N Plus Inc is a Canada-based manufacturer of specialty semiconductors and high-purity performance materials. The company produces refined metals, compounds and engineered materials used in applications where material purity and specialized characteristics are important.

Its products include compounds and metals based on elements such as selenium, tellurium, gallium, indium, germanium and bismuth. These materials support a range of end markets, including renewable energy, space and satellite systems, medical imaging, thermoelectric devices, optoelectronics and other advanced electronics applications.

Founded in 2000 and headquartered in Montreal, Quebec, 5N Plus serves customers internationally through operations and facilities in North America, Europe and Asia.

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