Short Interest in 5N Plus Inc. (OTCMKTS:FPLSF) Increases By 19.2%

5N Plus Inc. (OTCMKTS:FPLSF) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 243,715 shares, a growth of 19.2% from the December 31st total of 204,442 shares. Based on an average daily volume of 83,481 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 83,481 shares, the days-to-cover ratio is currently 2.9 days.

Analysts Set New Price Targets

Separately, Raymond James Financial reaffirmed an “outperform” rating on shares of 5N Plus in a report on Friday, October 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, 5N Plus presently has an average rating of “Buy”.

5N Plus Trading Up 5.1%

OTCMKTS:FPLSF traded up $0.95 on Tuesday, hitting $19.61. The stock had a trading volume of 2,916 shares, compared to its average volume of 57,132. The company has a fifty day moving average price of $14.08 and a two-hundred day moving average price of $17.04. 5N Plus has a 1-year low of $2.00 and a 1-year high of $19.77. The company has a quick ratio of 1.39, a current ratio of 2.97 and a debt-to-equity ratio of 0.60. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 40.02 and a beta of 1.97.

5N Plus (OTCMKTS:FPLSF) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.09. 5N Plus had a net margin of 12.22% and a return on equity of 28.06%. The business had revenue of $104.90 million during the quarter, compared to the consensus estimate of $89.88 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.