5N Plus (OTCMKTS:FPLSF) Shares Gap Down – Time to Sell?

5N Plus Inc. (OTCMKTS:FPLSF) gapped down before the market opened on Wednesday . The stock had previously closed at $29.03, but opened at $26.2575. 5N Plus shares last traded at $26.8769, with a volume of 902 shares changing hands.

Analysts Set New Price Targets

Separately, Scotiabank assumed coverage on shares of 5N Plus in a report on Monday. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, 5N Plus presently has a consensus rating of “Buy”.

5N Plus Stock Up 0.6%

The company has a 50-day moving average of $28.14 and a 200-day moving average of $21.67. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 41.54 and a beta of 1.84. 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 released its earnings results on Wednesday, May 6th. The company reported $0.17 earnings per share for the quarter, topping 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 company had revenue of $117.89 million for the quarter, compared to the consensus estimate of $104.04 million.

5N Plus Company Profile

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.