5N Plus (OTCMKTS:FPLSF) Shares Gap Up – Here’s Why

Shares of 5N Plus Inc. (OTCMKTS:FPLSF) gapped up prior to trading on Friday . The stock had previously closed at $12.57, but opened at $13.25. 5N Plus shares last traded at $13.25, with a volume of 418 shares changing hands.

Analysts Set New Price Targets

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

5N Plus Trading Up 0.1%

The company has a 50-day moving average price of $13.78 and a two-hundred day moving average price of $15.27. The stock has a market cap of $1.17 billion, a P/E ratio of 26.81 and a beta of 1.91. The company has a current ratio of 2.97, a quick ratio of 1.39 and a debt-to-equity ratio of 0.60.

5N Plus (OTCMKTS:FPLSF) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.10 by $0.09. 5N Plus had a net margin of 12.22% and a return on equity of 28.06%. The company had revenue of $104.90 million during the quarter, compared to analyst estimates of $89.88 million.

About 5N Plus

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.