5N Plus (TSE:VNP) Stock Crosses Above 200 Day Moving Average – What’s Next?

Shares of 5N Plus Inc. (TSE:VNP) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$6.69 and traded as high as C$7.94. 5N Plus shares last traded at C$7.73, with a volume of 246,770 shares.

Analyst Upgrades and Downgrades

Separately, Cormark raised 5N Plus to a “moderate buy” rating in a report on Monday, April 21st. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$8.60.

5N Plus Trading Up 4.0 %

The firm’s 50-day simple moving average is C$5.85 and its 200-day simple moving average is C$6.69. The firm has a market capitalization of C$485.24 million, a PE ratio of 30.39, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55. The company has a quick ratio of 1.51, a current ratio of 3.49 and a debt-to-equity ratio of 104.29.

Insider Activity at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa sold 400,000 shares of the stock in a transaction on Monday, March 10th. The shares were sold at an average price of C$5.55, for a total transaction of C$2,220,000.00. 4.91% of the stock is currently owned by company insiders.

5N Plus Company Profile

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.