5N Plus (OTCMKTS:FPLSF) Shares Gap Down – Here’s What Happened

Shares of 5N Plus Inc. (OTCMKTS:FPLSF) gapped down prior to trading on Wednesday . The stock had previously closed at $24.45, but opened at $22.0937. 5N Plus shares last traded at $22.0937, with a volume of 253 shares traded.

Analysts Set New Price Targets

Several research firms recently commented on FPLSF. Royal Bank Of Canada started coverage on 5N Plus in a research report on Tuesday, July 21st. They set a “moderate buy” rating for the company. Scotiabank initiated coverage on 5N Plus in a report on Monday, June 22nd. They set an “outperform” rating for the company. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

5N Plus Price Performance

The business’s fifty day moving average price is $28.50 and its 200-day moving average price is $24.04. The company has a market capitalization of $1.99 billion, a P/E ratio of 34.02 and a beta of 1.85. The company has a current ratio of 2.69, a quick ratio of 1.30 and a debt-to-equity ratio of 0.55.

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