5N Plus (TSE:VNP) Trading 0.5% Higher – What’s Next?

5N Plus Inc. (TSE:VNP)’s share price rose 0.5% during trading on Monday . The company traded as high as C$6.48 and last traded at C$6.30. Approximately 101,766 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 106,975 shares. The stock had previously closed at C$6.27.

Wall Street Analysts Forecast Growth

VNP has been the subject of a number of research analyst reports. National Bankshares boosted their target price on 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th. Raymond James boosted their target price on 5N Plus from C$7.50 to C$8.50 in a research report on Friday, September 6th. Finally, Desjardins boosted their target price on 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a research report on Tuesday, September 10th.

5N Plus Price Performance

The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. The business has a 50-day moving average of C$6.73 and a 200 day moving average of C$6.40. The firm has a market capitalization of C$560.20 million, a P/E ratio of 39.38, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55.

Insiders Place Their Bets

In other 5N Plus news, Director Jean-Marie Bourassa bought 9,000 shares of 5N Plus stock in a transaction dated Friday, November 15th. The stock was bought at an average cost of C$6.75 per share, with a total value of C$60,750.00. Also, Senior Officer Richard Perron bought 75,000 shares of 5N Plus stock in a transaction dated Wednesday, September 11th. The stock was acquired at an average cost of C$6.95 per share, with a total value of C$521,250.00. Corporate insiders own 4.91% of the company’s stock.

5N Plus Company Profile

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.