5N Plus (TSE:VNP) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

5N Plus Inc. (TSE:VNP)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$31.80 and traded as high as C$41.50. 5N Plus shares last traded at C$40.46, with a volume of 623,917 shares traded.

Analyst Ratings Changes

A number of equities analysts recently commented on VNP shares. ATB Cormark Capital Markets boosted their target price on shares of 5N Plus from C$45.00 to C$56.50 and gave the stock a “top pick” rating in a research note on Monday, May 25th. Desjardins lifted their price target on 5N Plus from C$43.00 to C$50.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Raymond James Financial lifted their price target on 5N Plus from C$38.00 to C$45.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. National Bank Financial upped their price objective on 5N Plus from C$41.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Finally, Scotiabank set a C$48.00 price objective on 5N Plus and gave the company a “sector outperform” rating in a report on Monday, June 22nd. Two research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. According to data from MarketBeat.com, 5N Plus presently has a consensus rating of “Buy” and a consensus target price of C$45.50.

5N Plus Trading Up 0.5%

The business has a 50-day moving average of C$40.82 and a 200-day moving average of C$31.80. The stock has a market capitalization of C$3.64 billion, a price-to-earnings ratio of 62.25, a PEG ratio of 6,283.33 and a beta of 0.99. The company has a debt-to-equity ratio of 68.96, a quick ratio of 1.51 and a current ratio of 2.69.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.28 earnings per share for the quarter. The company had revenue of C$163.91 million during the quarter. 5N Plus had a return on equity of 30.00% and a net margin of 13.95%. As a group, research analysts forecast that 5N Plus Inc. will post 0.3739703 EPS for the current year.

5N Plus Company Profile

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.