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

5N Plus Inc. (TSE:VNP) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$30.45 and traded as high as C$41.94. 5N Plus shares last traded at C$41.38, with a volume of 684,595 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Scotiabank set a C$48.00 price target on 5N Plus and gave the company a “sector outperform” rating in a research report on Monday, June 22nd. ATB Cormark Capital Markets lifted their price objective on 5N Plus from C$45.00 to C$56.50 and gave the stock a “top pick” rating in a report on Monday, May 25th. Desjardins boosted their price target on shares of 5N Plus from C$43.00 to C$50.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Raymond James Financial lifted their price objective on shares of 5N Plus from C$38.00 to C$45.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, National Bank Financial increased their target price on 5N Plus from C$41.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. Based on data from MarketBeat, 5N Plus currently has a consensus rating of “Buy” and a consensus target price of C$45.50.

5N Plus Stock Performance

The company has a debt-to-equity ratio of 68.96, a quick ratio of 1.51 and a current ratio of 2.69. The stock has a market cap of C$3.72 billion, a PE ratio of 63.66, a PEG ratio of 6,283.33 and a beta of 0.92. The company’s 50-day moving average price is C$39.42 and its two-hundred day moving average price is C$30.45.

5N Plus (TSE:VNP) last announced its earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share (EPS) for the quarter. The company had revenue of C$163.91 million during the quarter. 5N Plus had a net margin of 13.95% and a return on equity of 30.00%. On average, equities research analysts forecast that 5N Plus Inc. will post 0.3739703 EPS for the current 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. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.