5N Plus (TSE:VNP) Shares Pass Above 200 Day Moving Average of $5.45

5N Plus Inc. (TSE:VNP)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.45 and traded as high as C$6.81. 5N Plus shares last traded at C$6.71, with a volume of 82,454 shares traded.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on VNP shares. Desjardins raised their target price on 5N Plus from C$6.75 to C$7.25 and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Raymond James raised their target price on 5N Plus from C$7.50 to C$8.50 in a research report on Friday. National Bankshares lifted their price objective on 5N Plus from C$6.50 to C$8.00 and gave the stock an “outperform” rating in a research report on Monday, August 26th. Finally, Cormark lifted their price objective on 5N Plus from C$5.50 to C$7.50 and gave the stock a “buy” rating in a research report on Friday, June 7th.

5N Plus Stock Performance

The company has a 50-day moving average price of C$6.15 and a two-hundred day moving average price of C$5.47. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. The stock has a market capitalization of C$607.32 million, a P/E ratio of 42.69, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.56.

5N Plus (TSE:VNP) last issued its earnings results on Monday, August 5th. The company reported C$0.08 EPS for the quarter, beating analysts’ consensus estimates of C$0.06 by C$0.02. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. The business had revenue of C$102.04 million during the quarter, compared to analyst estimates of C$91.45 million. On average, equities analysts forecast that 5N Plus Inc. will post 0.274083 earnings per share for the current year.

Insider Activity at 5N Plus

In related news, Senior Officer Richard Perron sold 4,200 shares of the business’s stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of C$6.08, for a total value of C$25,536.00. In related news, Senior Officer Richard Perron sold 4,200 shares of the business’s stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of C$6.08, for a total value of C$25,536.00. Also, Director Luc Bertrand purchased 5,000 shares of the business’s stock in a transaction on Friday, June 14th. The shares were bought at an average price of C$6.01 per share, with a total value of C$30,045.00. 4.91% of the stock is currently owned by corporate insiders.

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.