5N Plus (TSE:VNP - Get Free Report) was upgraded by analysts at Ventum Cap Mkts to a "strong-buy" rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.
Several other research firms have also weighed in on VNP. Ventum Financial set a C$10.00 target price on 5N Plus and gave the company a "buy" rating in a report on Thursday. Raymond James raised their price objective on 5N Plus from C$7.50 to C$8.50 in a research note on Friday, September 6th. Desjardins increased their price target on 5N Plus from C$7.25 to C$8.50 and gave the company a "buy" rating in a report on Tuesday, September 10th. Finally, National Bankshares boosted their price objective on shares of 5N Plus from C$8.00 to C$8.50 in a research note on Tuesday, November 5th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of C$8.60.
Check Out Our Latest Stock Report on 5N Plus
5N Plus Stock Down 2.0 %
Shares of TSE:VNP traded down C$0.13 during trading on Wednesday, reaching C$6.42. 55,254 shares of the company traded hands, compared to its average volume of 106,527. The firm has a fifty day simple moving average of C$6.71 and a 200 day simple moving average of C$6.41. The company has a quick ratio of 1.51, a current ratio of 3.47 and a debt-to-equity ratio of 110.23. 5N Plus has a 1-year low of C$3.33 and a 1-year high of C$7.61. The firm has a market cap of C$570.87 million, a P/E ratio of 40.13, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55.
Insider Buying and Selling
In related news, Director Jean-Marie Bourassa acquired 9,000 shares of the stock in a transaction on Friday, November 15th. The stock was purchased at an average price of C$6.75 per share, for a total transaction of C$60,750.00. 4.91% of the stock is owned by corporate insiders.
5N Plus Company Profile
(
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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.
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