5N Plus (OTCMKTS:FPLSF) Shares Gap Up – Should You Buy?

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price 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.

Analysts Set New Price Targets

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

5N Plus Trading Up 4.0%

The firm has a fifty day moving average price of $28.62 and a 200 day moving average price of $22.31. The company has a market cap of $2.88 billion, a price-to-earnings ratio of 49.28 and a beta of 1.85. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.30 and a current ratio of 2.69.

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