Zacks Research Upgrades 5N Plus (OTCMKTS:FPLSF) to Hold

5N Plus (OTCMKTS:FPLSF) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

FPLSF has been the subject of several other reports. Royal Bank Of Canada initiated coverage on shares of 5N Plus in a report on Tuesday, July 21st. They issued 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 on the stock. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, 5N Plus presently has a consensus rating of “Moderate Buy”.

5N Plus Stock Up 1.0%

Shares of OTCMKTS FPLSF opened at $23.34 on Thursday. The firm has a fifty day simple moving average of $27.98 and a two-hundred day simple moving average of $24.15. 5N Plus has a 12 month low of $8.75 and a 12 month high of $44.91. The company has a current ratio of 2.69, a quick ratio of 1.30 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $2.10 billion, a PE ratio of 35.91 and a beta of 1.85.

5N Plus (OTCMKTS:FPLSF) last announced its earnings results on Wednesday, May 6th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $104.04 million. Equities analysts expect that 5N Plus will post 0.64 earnings per share for the current year.

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.