5N Plus (OTCMKTS:FPLSF) Stock Price Down 8.2% – Here’s Why

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price fell 8.2% during mid-day trading on Thursday. The stock traded as low as $19.8192 and last traded at $19.8192. Approximately 1,635 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 59,657 shares. The stock had previously closed at $21.59.

Wall Street Analyst Weigh In

FPLSF has been the topic of several research reports. Royal Bank Of Canada began coverage on 5N Plus in a report on Tuesday, July 21st. They set a “moderate buy” rating on the stock. Raymond James Financial upgraded 5N Plus from an “outperform” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Scotiabank reissued an “outperform” rating on shares of 5N Plus in a research report on Monday, September 28th. Finally, Zacks Research raised 5N Plus to a “hold” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, 5N Plus has an average rating of “Buy”.

5N Plus Stock Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 2.28 and a quick ratio of 0.93. The company has a market cap of $1.79 billion, a PE ratio of 28.37 and a beta of 1.88. The business has a fifty day simple moving average of $20.27 and a two-hundred day simple moving average of $24.54.

5N Plus (OTCMKTS:FPLSF) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.16 by $0.01. The firm had revenue of $122.36 million during the quarter, compared to analyst estimates of $114.11 million. 5N Plus had a return on equity of 26.36% and a net margin of 14.14%. Research analysts anticipate that 5N Plus Inc. will post 0.64 earnings per share for the current year.

5N Plus Company Profile

5N Plus Inc is a Canada-based manufacturer of specialty semiconductors and high-purity performance materials. The company produces refined metals, compounds and engineered materials used in applications where material purity and specialized characteristics are important.

Its products include compounds and metals based on elements such as selenium, tellurium, gallium, indium, germanium and bismuth. These materials support a range of end markets, including renewable energy, space and satellite systems, medical imaging, thermoelectric devices, optoelectronics and other advanced electronics applications.

Founded in 2000 and headquartered in Montreal, Quebec, 5N Plus serves customers internationally through operations and facilities in North America, Europe and Asia.