5N Plus (OTCMKTS:FPLSF) Shares Gap Down – Time to Sell?

5N Plus Inc. (OTCMKTS:FPLSF)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $21.7950, but opened at $20.68. 5N Plus shares last traded at $20.6550, with a volume of 3,699 shares changing hands.

Analyst Upgrades and Downgrades

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

5N Plus Trading Down 5.8%

The company has a current ratio of 2.69, a quick ratio of 1.30 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 29.33 and a beta of 1.89. The firm’s 50-day moving average is $25.76 and its 200 day moving average is $24.85.

5N Plus (OTCMKTS:FPLSF) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. The firm had revenue of $122.36 million during the quarter, compared to analysts’ expectations of $114.11 million. 5N Plus had a net margin of 14.14% and a return on equity of 27.47%. On average, equities analysts predict 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.