5N Plus (TSE:VNP) Stock Passes Above Two Hundred Day Moving Average of $3.90

5N Plus Inc. (TSE:VNP)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.90 and traded as high as C$5.00. 5N Plus shares last traded at C$4.88, with a volume of 258,904 shares.

Wall Street Analysts Forecast Growth

VNP has been the subject of several recent research reports. National Bankshares boosted their price target on 5N Plus from C$4.75 to C$5.25 and gave the company an “outperform” rating in a report on Tuesday, January 9th. Raymond James increased their target price on shares of 5N Plus from C$5.00 to C$6.00 and gave the stock a “strong-buy” rating in a report on Monday, February 26th.

5N Plus Price Performance

The company has a current ratio of 2.22, a quick ratio of 1.51 and a debt-to-equity ratio of 107.81. The company has a market cap of C$433.30 million, a P/E ratio of 21.22, a P/E/G ratio of 6,283.33 and a beta of 1.64. The firm has a 50 day moving average of C$4.62 and a 200-day moving average of C$3.90.

5N Plus (TSE:VNP) last released its quarterly earnings data on Tuesday, February 27th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.02). 5N Plus had a net margin of 6.35% and a return on equity of 12.76%. The company had revenue of C$88.59 million for the quarter, compared to the consensus estimate of C$84.15 million. On average, equities research analysts predict that 5N Plus Inc. will post 0.272063 EPS for the current year.

Insiders Place Their Bets

In other news, Director Jean-Marie Bourassa acquired 60,100 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was purchased at an average price of C$4.52 per share, for a total transaction of C$271,561.85. Insiders have purchased a total of 69,100 shares of company stock worth $312,032 in the last 90 days. 4.93% of the stock is currently owned by corporate insiders.

About 5N Plus

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.