5N Plus (OTCMKTS:FPLSF) Stock Jumps 24.4% – Still a Buy?

5N Plus Inc. (OTCMKTS:FPLSF)’s stock price shot up 24.4% on Wednesday. The company traded as high as $23.9309 and last traded at $23.9309. Approximately 100 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 63,437 shares. The stock had previously closed at $19.24.

Analyst Ratings Changes

Several brokerages have issued reports on FPLSF. Royal Bank Of Canada initiated coverage on shares of 5N Plus in a report on Tuesday, July 21st. They set a “moderate buy” rating on the stock. Scotiabank restated an “outperform” rating on shares of 5N Plus in a report on Monday, September 28th. Raymond James Financial upgraded shares of 5N Plus from an “outperform” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, Zacks Research raised shares of 5N Plus to a “hold” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

5N Plus Price Performance

The stock has a fifty day moving average price of $20.06 and a 200-day moving average price of $23.07. The firm has a market capitalization of $2.11 billion, a PE ratio of 36.72 and a beta of 1.94. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.93 and a current ratio of 2.28.

5N Plus (OTCMKTS:FPLSF) last issued its quarterly earnings data on Monday, November 2nd. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. 5N Plus had a return on equity of 26.34% and a net margin of 11.99%. The firm had revenue of $136.39 million during the quarter, compared to analysts’ expectations of $122.77 million. Sell-side analysts forecast that 5N Plus Inc. will post 0.64 EPS for the current fiscal year.

5N Plus Company Profile

5N Plus Inc is a Canada-based manufacturer of specialty semiconductor materials and high-purity metals. The company produces refined elements, compounds, and engineered materials used in applications that require tightly controlled chemical composition and performance.

Its products include materials based on elements such as indium, gallium, selenium, tellurium, cadmium, bismuth, and germanium. These materials support a range of markets, including thin-film solar power, light-emitting diodes, radiation detection, medical imaging, advanced electronics, and pharmaceutical applications.

Founded in 2000 and headquartered in Montreal, Quebec, 5N Plus serves customers internationally through production and commercial operations in multiple regions.