5N Plus (TSE:VNP) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of 5N Plus Inc. (TSE:VNP) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$13.36 and traded as high as C$20.65. 5N Plus shares last traded at C$19.73, with a volume of 189,770 shares traded.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on VNP shares. National Bankshares upped their price target on 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Cormark upgraded shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, September 25th. Desjardins upped their target price on shares of 5N Plus from C$17.50 to C$23.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Ventum Financial increased their target price on shares of 5N Plus from C$19.00 to C$21.50 in a research report on Wednesday, October 29th. Finally, Raymond James Financial boosted their price target on shares of 5N Plus from C$24.00 to C$26.00 in a research report on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company. Based on data from MarketBeat, 5N Plus presently has a consensus rating of “Strong Buy” and a consensus target price of C$22.88.

5N Plus Stock Performance

The company has a quick ratio of 1.51, a current ratio of 3.49 and a debt-to-equity ratio of 104.29. The stock has a fifty day moving average price of C$18.08 and a 200-day moving average price of C$13.50. The firm has a market cap of C$1.79 billion, a price-to-earnings ratio of 41.12, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.16.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Monday, November 3rd. The company reported C$0.20 earnings per share for the quarter. The firm had revenue of C$146.06 million for the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. On average, analysts expect that 5N Plus Inc. will post 0.3739703 earnings per share for the current fiscal year.

About 5N Plus

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.