5N Plus (TSE:VNP) Stock Price Passes Above Two Hundred Day Moving Average of $2.13

Shares of 5N Plus Inc. (TSE:VNP – Get Rating) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.13 and traded as high as C$3.02. 5N Plus shares last traded at C$3.02, with a volume of 134,283 shares traded.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Desjardins raised shares of 5N Plus from a “hold” rating to a “buy” rating in a research report on Friday, October 28th. Raymond James boosted their price target on shares of 5N Plus from C$4.00 to C$4.50 and gave the company an “outperform” rating in a research report on Friday, January 13th. National Bankshares boosted their price target on shares of 5N Plus from C$3.25 to C$3.75 and gave the company an “outperform” rating in a research report on Monday, November 21st. Finally, National Bank Financial raised shares of 5N Plus from a “sec perform spec market wgt” rating to an “outperform spec market weight” rating in a research report on Monday, October 17th. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$3.58.

5N Plus Trading Up 3.1 %

The firm’s 50-day moving average price is C$2.83 and its 200-day moving average price is C$2.13. The company has a quick ratio of 1.51, a current ratio of 3.36 and a debt-to-equity ratio of 128.06. The company has a market cap of C$266.76 million and a P/E ratio of -52.98.

Insider Activity at 5N Plus

In other news, Director Luc Bertrand acquired 60,700 shares of 5N Plus stock in a transaction that occurred on Wednesday, November 9th. The stock was bought at an average price of C$2.50 per share, with a total value of C$151,628.60. Following the completion of the purchase, the director now owns 2,153,000 shares in the company, valued at C$5,378,194.

5N Plus Company Profile

(Get Rating)

5N Plus Inc produces and sells semiconductors in North America, Europe, and Asia. It operates through Specialty Semiconductors and Performance Material segments. The company offers low melting point alloys, semiconductor compounds and wafers, as well as various chemicals, and metals. It is also involved in manufacture of metallic powders for micro-electronic and manufacturing applications.