5N Plus (TSE:VNP) Shares Cross Above 200 Day Moving Average – What’s Next?

5N Plus Inc. (TSE:VNP) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$6.97 and traded as high as C$7.49. 5N Plus shares last traded at C$7.27, with a volume of 208,893 shares changing hands.

Analyst Ratings Changes

Several equities research analysts recently issued reports on VNP shares. National Bankshares raised their target price on shares of 5N Plus from C$8.00 to C$8.50 in a research note on Tuesday, November 5th. Ventum Cap Mkts upgraded shares of 5N Plus to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Ventum Financial set a C$10.00 target price on shares of 5N Plus and gave the company a “buy” rating in a research note on Thursday, December 12th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$8.60.

5N Plus Price Performance

The company’s 50-day simple moving average is C$7.53 and its 200-day simple moving average is C$6.97. The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51. The stock has a market capitalization of C$456.36 million, a price-to-earnings ratio of 28.58, a P/E/G ratio of 6,283.33 and a beta of 1.55.

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.