5N Plus (TSE:VNP) Hits New 52-Week High at $6.41

5N Plus Inc. (TSE:VNP - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$6.41 and last traded at C$6.34, with a volume of 17241 shares trading hands. The stock had previously closed at C$6.18.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on VNP shares. Raymond James lowered shares of 5N Plus from a "strong-buy" rating to an "outperform" rating and increased their price objective for the stock from C$7.00 to C$7.50 in a research note on Friday, July 5th. Desjardins increased their price target on 5N Plus from C$6.75 to C$7.25 and gave the stock a "buy" rating in a research report on Wednesday, August 7th. Finally, Cormark boosted their price objective on 5N Plus from C$5.50 to C$7.50 and gave the company a "buy" rating in a research report on Friday, June 7th.

5N Plus Stock Performance

The company has a debt-to-equity ratio of 110.23, a current ratio of 3.47 and a quick ratio of 1.51. The firm has a market capitalization of C$589.54 million, a PE ratio of 39.00, a P/E/G ratio of 6,283.33 and a beta of 1.56. The firm has a fifty day moving average price of C$5.95 and a 200 day moving average price of C$5.26.

Insiders Place Their Bets

In related news, Senior Officer Richard Perron sold 4,200 shares of the company's stock in a transaction on Tuesday, June 11th. The stock was sold at an average price of C$6.08, for a total transaction of C$25,536.00. In related news, Senior Officer Richard Perron sold 4,200 shares of the business's stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of C$6.08, for a total transaction of C$25,536.00. Also, Director Luc Bertrand bought 5,000 shares of the business's stock in a transaction on Friday, June 14th. The stock was bought at an average price of C$6.01 per share, with a total value of C$30,045.00. 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.