5N Plus (TSE:VNP) Stock Crosses Above 200 Day Moving Average – Time to Sell?

5N Plus Inc. (TSE:VNP)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$15.06 and traded as high as C$19.01. 5N Plus shares last traded at C$18.04, with a volume of 437,670 shares traded.

Wall Street Analysts Forecast Growth

VNP has been the topic of a number of research analyst reports. Cormark raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, September 25th. Desjardins raised their price objective on 5N Plus from C$17.50 to C$23.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Raymond James Financial upped their target price on 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. Ventum Financial increased their price target on shares of 5N Plus from C$19.00 to C$21.50 in a research report on Wednesday, October 29th. Finally, National Bankshares boosted their price objective on shares of 5N Plus from C$17.00 to C$21.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Two analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$22.88.

5N Plus Trading Up 4.3%

The company has a debt-to-equity ratio of 104.29, a quick ratio of 1.51 and a current ratio of 3.49. The firm has a 50-day moving average of C$19.21 and a 200-day moving average of C$15.06. The firm has a market capitalization of C$1.61 billion, a P/E ratio of 36.82, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.97.

5N Plus (TSE:VNP) last released its quarterly earnings data on Monday, November 3rd. The company reported C$0.20 earnings per share for the quarter. 5N Plus had a return on equity of 11.86% and a net margin of 5.63%.The firm had revenue of C$146.06 million during the quarter. On average, equities research analysts anticipate that 5N Plus Inc. will post 0.3739703 EPS for the current fiscal year.

5N Plus Company Profile

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products.