5N Plus (OTCMKTS:FPLSF) Trading Down 7.8% – What’s Next?

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price dropped 7.8% during trading on Wednesday . The stock traded as low as $16.92 and last traded at $16.92. Approximately 332 shares were traded during trading, a decline of 99% from the average daily volume of 50,228 shares. The stock had previously closed at $18.3435.

Wall Street Analyst Weigh In

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

5N Plus Trading Up 3.4%

The business has a 50-day moving average of $23.45 and a 200 day moving average of $24.80. The stock has a market cap of $1.57 billion, a PE ratio of 24.91 and a beta of 1.86. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.30 and a current ratio of 2.28.

5N Plus (OTCMKTS:FPLSF) last released its earnings results on Monday, August 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 14.14% and a return on equity of 26.36%. Equities research analysts predict that 5N Plus Inc. will post 0.64 EPS 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.