5N Plus (OTCMKTS:FPLSF) Shares Gap Down – Should You Sell?

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $32.03, but opened at $30.0156. 5N Plus shares last traded at $30.01, with a volume of 2,300 shares traded.

Analyst Upgrades and Downgrades

Separately, Scotiabank assumed coverage on shares of 5N Plus in a research note on Monday, June 22nd. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

5N Plus Trading Down 7.9%

The company has a market cap of $2.65 billion, a P/E ratio of 45.38 and a beta of 1.85. The business’s 50-day moving average price is $28.62 and its 200 day moving average price is $22.31. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.30 and a current ratio of 2.69.

5N Plus (OTCMKTS:FPLSF) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. 5N Plus had a return on equity of 28.72% and a net margin of 13.99%.The company had revenue of $117.89 million during the quarter, compared to analysts’ expectations of $104.04 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.