5N Plus (OTCMKTS:FPLSF) Shares Gap Up – Time to Buy?

5N Plus Inc. (OTCMKTS:FPLSF) shares gapped up before the market opened on Tuesday . The stock had previously closed at $27.07, but opened at $29.9403. 5N Plus shares last traded at $29.9298, with a volume of 2,645 shares traded.

Wall Street Analyst Weigh In

Separately, Scotiabank began coverage on 5N Plus in a research note on Monday, June 22nd. They issued an “outperform” rating for the company. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

5N Plus Stock Performance

The company has a market cap of $2.72 billion, a PE ratio of 46.46 and a beta of 1.84. 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 firm’s 50 day moving average is $28.36 and its 200-day moving average is $22.06.

5N Plus (OTCMKTS:FPLSF) last issued its earnings results on Wednesday, May 6th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.03. The business had revenue of $117.89 million for the quarter, compared to analysts’ expectations 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.