5N Plus (OTCMKTS:FPLSF) Shares Gap Down – Here’s What Happened

5N Plus Inc. (OTCMKTS:FPLSF) shares gapped down prior to trading on Monday . The stock had previously closed at $28.4880, but opened at $26.2610. 5N Plus shares last traded at $26.24, with a volume of 571 shares traded.

Analysts Set New Price Targets

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

5N Plus Stock Performance

The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.30 and a current ratio of 2.69. The company has a market capitalization of $2.36 billion, a P/E ratio of 40.37 and a beta of 1.85. The business has a 50 day moving average of $29.28 and a 200-day moving average of $23.07.

5N Plus (OTCMKTS:FPLSF) last issued its earnings results on Wednesday, May 6th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. The business had revenue of $117.89 million during the quarter, compared to the consensus estimate of $104.04 million. 5N Plus had a return on equity of 28.72% and a net margin of 13.99%.

5N Plus Company Profile

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.