5N Plus (TSE:VNP) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

5N Plus Inc. (TSE:VNP)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$6.50 and traded as high as C$7.46. 5N Plus shares last traded at C$7.38, with a volume of 62,081 shares.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Ventum Financial set a C$10.00 price objective on 5N Plus and gave the company a “buy” rating in a research report on Thursday, December 12th. National Bankshares increased their price target on 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th. Desjardins boosted their price objective on 5N Plus from C$7.25 to C$8.50 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Ventum Cap Mkts upgraded shares of 5N Plus to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Raymond James boosted their price target on shares of 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$8.60.

5N Plus Stock Up 7.5 %

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 firm has a 50-day moving average of C$6.78 and a two-hundred day moving average of C$6.52. The firm has a market cap of C$705.14 million, a price-to-earnings ratio of 49.56, a PEG ratio of 6,283.33 and a beta of 1.55.

Insider Transactions at 5N Plus

In other news, Director Jean-Marie Bourassa acquired 9,000 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were bought at an average price of C$6.75 per share, with a total value of C$60,750.00. 4.91% of the stock is currently owned by corporate insiders.

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.