5N Plus (TSE:VNP) Trading Up 7.1% After Analyst Upgrade

5N Plus Inc. (TSE:VNP - Get Free Report)'s share price rose 7.1% during trading on Tuesday after National Bankshares raised their price target on the stock from C$0.60 to C$0.65. National Bankshares currently has an outperform rating on the stock. 5N Plus traded as high as C$5.15 and last traded at C$5.12. Approximately 146,492 shares changed hands during mid-day trading, an increase of 46% from the average daily volume of 100,352 shares. The stock had previously closed at C$4.78.

Separately, Raymond James boosted their target price on 5N Plus from C$5.00 to C$6.00 and gave the stock a "strong-buy" rating in a research report on Monday, February 26th.

Insider Transactions at 5N Plus

In related news, Director Jean-Marie Bourassa acquired 60,100 shares of the firm's stock in a transaction on Friday, March 1st. The shares were acquired at an average cost of C$4.52 per share, for a total transaction of C$271,561.85. Insiders have acquired a total of 69,100 shares of company stock worth $312,032 in the last three months. Insiders own 4.79% of the company's stock.

5N Plus Price Performance

The stock's 50-day simple moving average is C$4.70 and its two-hundred day simple moving average is C$4.00. The firm has a market cap of C$457.27 million, a P/E ratio of 22.30, a PEG ratio of 6,283.33 and a beta of 1.64. The company has a debt-to-equity ratio of 107.81, a current ratio of 2.22 and a quick ratio of 1.51.

5N Plus (TSE:VNP - Get Free Report) last issued its quarterly earnings results on Tuesday, February 27th. The company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.02). The firm had revenue of C$88.59 million for the quarter, compared to the consensus estimate of C$84.15 million. 5N Plus had a net margin of 6.35% and a return on equity of 12.76%. Equities research analysts forecast that 5N Plus Inc. will post 0.2835821 earnings per share for the current fiscal year.

About 5N Plus

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.