Shares of 5N Plus Inc. (TSE:VNP - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$7.76 and last traded at C$7.76, with a volume of 47733 shares trading hands. The stock had previously closed at C$7.38.
Analysts Set New Price Targets
Several research firms recently weighed in on VNP. Ventum Financial set a C$10.00 price target on shares of 5N Plus and gave the company a "buy" rating in a report on Thursday, December 12th. National Bankshares increased their price target on shares of 5N Plus from C$8.00 to C$8.50 in a report 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. Raymond James raised their price objective on shares of 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th. Finally, Desjardins lifted their price objective 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. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, 5N Plus has a consensus rating of "Buy" and an average price target of C$8.60.
Get Our Latest Stock Report on 5N Plus
5N Plus Stock Up 7.5 %
The business's 50-day simple moving average is C$6.78 and its 200 day simple moving average is C$6.52. 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 market cap of C$705.14 million, a PE ratio of 49.56, a P/E/G 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 the company's stock in a transaction dated Friday, November 15th. The shares were purchased at an average cost of C$6.75 per share, for a total transaction of C$60,750.00. Corporate insiders own 4.91% of the company's stock.
5N Plus Company Profile
(
Get Free Report)
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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