5N Plus (OTCMKTS:FPLSF) Trading Down 6.6% – Here’s Why

5N Plus Inc. (OTCMKTS:FPLSF)’s share price was down 6.6% during trading on Monday . The company traded as low as $28.71 and last traded at $29.93. 274 shares changed hands during trading, a decline of 99% from the average session volume of 47,178 shares. The stock had previously closed at $32.03.

Wall Street Analysts Forecast Growth

Separately, Scotiabank started coverage on 5N Plus in a research report on Monday, June 22nd. They issued an “outperform” rating on the stock. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, 5N Plus has a consensus rating of “Buy”.

5N Plus Price Performance

The firm has a 50-day simple moving average of $28.76 and a two-hundred day simple moving average of $22.51. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 47.92 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 data on Wednesday, May 6th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. The business had revenue of $117.89 million during the quarter, compared to analysts’ expectations of $104.04 million. 5N Plus had a return on equity of 28.72% and a net margin of 13.99%.

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.