5N Plus Inc. (OTCMKTS:FPLSF) Short Interest Up 63.2% in July

5N Plus Inc. (OTCMKTS:FPLSF) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 589,855 shares, a growth of 63.2% from the June 30th total of 361,368 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 79,479 shares, the short-interest ratio is currently 7.4 days.

Analyst Ratings Changes

FPLSF has been the subject of several analyst reports. Scotiabank started coverage on shares of 5N Plus in a research report on Monday, June 22nd. They issued an “outperform” rating for the company. Zacks Research upgraded shares of 5N Plus to a “hold” rating in a research report on Thursday. Finally, Royal Bank Of Canada initiated coverage on shares of 5N Plus in a research note on Tuesday, July 21st. They issued a “moderate buy” rating on the stock. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

5N Plus Trading Up 1.0%

Shares of 5N Plus stock traded up $0.22 on Friday, hitting $23.34. The stock had a trading volume of 22,767 shares, compared to its average volume of 66,994. The stock has a 50 day moving average of $27.98 and a 200 day moving average of $24.15. The firm has a market capitalization of $2.10 billion, a P/E ratio of 35.91 and a beta of 1.85. 5N Plus has a twelve month low of $8.75 and a twelve month high of $44.91. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.30 and a current ratio of 2.69.

5N Plus (OTCMKTS:FPLSF) last posted its earnings results on Wednesday, May 6th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. The business had revenue of $117.89 million for the quarter, compared to the consensus estimate of $104.04 million. 5N Plus had a net margin of 13.99% and a return on equity of 28.72%. Sell-side analysts expect that 5N Plus 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.