National Bank Financial Upgrades 5N Plus (TSE:VNP) to Strong-Buy

5N Plus (TSE:VNP) was upgraded by National Bank Financial to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

VNP has been the subject of several other reports. Cormark raised shares of 5N Plus to a “moderate buy” rating in a report on Monday, April 21st. National Bankshares boosted their price objective on shares of 5N Plus from C$9.00 to C$10.50 and gave the stock an “outperform” rating in a research note on Friday, June 6th. Four equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$9.38.

5N Plus Trading Down 1.1%

TSE:VNP opened at C$9.23 on Thursday. The firm has a 50-day moving average price of C$7.39 and a two-hundred day moving average price of C$6.98. The company has a debt-to-equity ratio of 104.29, a quick ratio of 1.51 and a current ratio of 3.49. 5N Plus has a 52 week low of C$4.90 and a 52 week high of C$9.52. The firm has a market cap of C$579.40 million, a price-to-earnings ratio of 36.29, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55.

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.