5N Plus (TSE:VNP) Stock Crosses Above 200-Day Moving Average – Time to Sell?

5N Plus Inc. (TSE:VNP)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$16.45 and traded as high as C$20.91. 5N Plus shares last traded at C$20.68, with a volume of 308,802 shares trading hands.

Analyst Ratings Changes

VNP has been the topic of several recent research reports. National Bankshares boosted their price target on 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Raymond James Financial lifted their target price on 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. Canaccord Genuity Group set a C$26.00 price target on 5N Plus and gave the company a “buy” rating in a research note on Thursday, January 8th. Desjardins increased their price target on shares of 5N Plus from C$17.50 to C$23.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, Cormark raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$23.50.

5N Plus Trading Down 1.2%

The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51. The firm has a market cap of C$1.82 billion, a price-to-earnings ratio of 41.71, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.89. The business’s 50-day moving average price is C$19.13 and its two-hundred day moving average price is C$16.58.

5N Plus (TSE:VNP) last released its earnings results on Monday, November 3rd. The company reported C$0.20 EPS for the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. The firm had revenue of C$146.06 million during the quarter. Equities analysts expect that 5N Plus Inc. will post 0.3739703 earnings per share for the current year.

5N Plus Company Profile

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.