5N Plus (OTCMKTS:FPLSF) Trading Up 5.1% - Here's What Happened

Key Points

• 5N Plus shares rose 5.1% to $19.24 in Thursday trading, although volume was only 2,131 shares—96% below the average session volume.
• Analyst sentiment is broadly positive: Raymond James upgraded the stock to “strong buy,” while other firms assigned “moderate buy,” “outperform,” or “hold” ratings. MarketBeat’s consensus rating is “Buy.”
• The company exceeded quarterly expectations, reporting earnings of $0.17 per share 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 rose 5.1% during trading on Thursday . The company traded as high as $19.2425 and last traded at $19.2425. 2,131 shares were traded during trading, a decline of 96% from the average session volume of 49,834 shares. The stock had previously closed at $18.3140.

Analysts Set New Price Targets

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

5N Plus Price Performance

The stock has a market cap of $1.73 billion, a P/E ratio of 27.50 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 firm has a 50-day moving average price of $22.55 and a 200-day moving average price of $24.75.

5N Plus (OTCMKTS:FPLSF - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The company had revenue of $122.36 million for 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%. On average, analysts forecast that 5N Plus Inc. will post 0.64 earnings per share for the current fiscal year.

5N Plus Company Profile

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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