5N Plus (OTCMKTS:FPLSF) Shares Gap Up – Here’s Why

5N Plus Inc. (OTCMKTS:FPLSFGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $29.35, but opened at $31.42. 5N Plus shares last traded at $31.5450, with a volume of 753 shares traded.

Analyst Ratings Changes

Separately, Scotiabank began coverage on shares of 5N Plus in a research note on Monday. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.

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5N Plus Stock Down 7.5%

The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 41.29 and a beta of 1.84. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.69 and a quick ratio of 1.30. The firm’s fifty day moving average price is $28.14 and its 200-day moving average price is $21.67.

5N Plus (OTCMKTS:FPLSFGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03. The company had revenue of $117.89 million for the quarter, compared to the consensus estimate of $104.04 million. 5N Plus had a return on equity of 28.72% and a net margin of 13.99%.

5N Plus Company Profile

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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.

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