5N Plus (TSE:VNP) Stock Price Up 0.5% – Still a Buy?

5N Plus Inc. (TSE:VNP) shares were up 0.5% during trading on Monday . The stock traded as high as C$6.48 and last traded at C$6.30. Approximately 101,766 shares were traded during trading, a decline of 5% from the average daily volume of 106,975 shares. The stock had previously closed at C$6.27.

Analysts Set New Price Targets

VNP has been the topic of several research reports. Raymond James lifted their target price on 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th. Desjardins upped their price objective on 5N Plus from C$7.25 to C$8.50 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Finally, National Bankshares raised their target price on shares of 5N Plus from C$8.00 to C$8.50 in a report on Tuesday, November 5th.

5N Plus Trading Up 2.4 %

The company’s fifty day moving average is C$6.72 and its 200-day moving average is C$6.40. The company has a debt-to-equity ratio of 110.23, a current ratio of 3.47 and a quick ratio of 1.51. The company has a market capitalization of C$569.09 million, a PE ratio of 39.06, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55.

Insider Buying and Selling

In other news, Director Jean-Marie Bourassa bought 9,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was bought at an average price of C$6.75 per share, with a total value of C$60,750.00. 4.91% of the stock is currently owned by company insiders.

5N Plus Company Profile

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.