5N Plus (TSE:VNP) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

5N Plus Inc. (TSE:VNP) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$20.79 and traded as high as C$29.52. 5N Plus shares last traded at C$29.06, with a volume of 546,477 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Raymond James Financial boosted their price target on 5N Plus from C$29.00 to C$35.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. ATB Cormark Capital Markets decreased their price objective on 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a report on Tuesday, February 3rd. Desjardins upped their target price on 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. National Bank Financial upped their target price on 5N Plus from C$30.00 to C$33.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Finally, Ventum Financial raised their price objective on shares of 5N Plus from C$30.00 to C$35.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Two analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$34.08.

5N Plus Stock Performance

The company has a quick ratio of 1.51, a current ratio of 2.76 and a debt-to-equity ratio of 84.42. The stock has a fifty day simple moving average of C$25.91 and a 200-day simple moving average of C$20.79. The company has a market capitalization of C$2.59 billion, a P/E ratio of 51.89, a PEG ratio of 6,283.33 and a beta of 0.87.

5N Plus (TSE:VNP) last posted its earnings results on Tuesday, February 24th. The company reported C$0.10 earnings per share for the quarter. 5N Plus had a net margin of 12.89% and a return on equity of 28.32%. The business had revenue of C$134.21 million for the quarter. Equities analysts forecast that 5N Plus Inc. will post 0.3739703 EPS for the current year.

About 5N Plus

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. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.