5N Plus (OTCMKTS:FPLSF) Sets New 12-Month High Following Better-Than-Expected Earnings

Shares of 5N Plus Inc. (OTCMKTS:FPLSF) reached a new 52-week high during mid-day trading on Tuesday following a stronger than expected earnings report. The company traded as high as $14.8240 and last traded at $14.6750, with a volume of 19933 shares changing hands. The stock had previously closed at $14.30.

The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.10 by $0.09. The business had revenue of $104.90 million for the quarter, compared to analyst estimates of $89.88 million. 5N Plus had a net margin of 9.64% and a return on equity of 24.47%.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial reaffirmed an “outperform” rating on shares of 5N Plus in a research report on Friday, October 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

5N Plus Stock Up 7.2%

The stock’s fifty day moving average is $12.24 and its two-hundred day moving average is $13.46. The company has a current ratio of 3.35, a quick ratio of 1.51 and a debt-to-equity ratio of 0.71. The firm has a market cap of $1.32 billion, a P/E ratio of 41.22 and a beta of 1.95.

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.