5N Plus (TSE:VNP) Hits New 1-Year High - Time to Buy?

5N Plus Inc. (TSE:VNP - Get Free Report)'s share price reached a new 52-week high on Friday . The company traded as high as C$7.32 and last traded at C$7.32, with a volume of 32120 shares traded. The stock had previously closed at C$7.12.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on VNP. Raymond James boosted their target price on 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th. National Bankshares boosted their price objective on shares of 5N Plus from C$6.50 to C$8.00 and gave the company an "outperform" rating in a research note on Monday, August 26th. Finally, Desjardins upped their price objective on shares of 5N Plus from C$7.25 to C$8.50 and gave the stock a "buy" rating in a research report on Tuesday, September 10th.

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 stock has a 50 day moving average of C$6.79 and a two-hundred day moving average of C$6.00. The stock has a market capitalization of C$656.23 million, a PE ratio of 46.25, a P/E/G ratio of 6,283.33 and a beta of 1.55.

5N Plus (TSE:VNP - Get Free Report) last issued its earnings results on Monday, August 5th. The company reported C$0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.06 by C$0.02. 5N Plus had a net margin of 4.15% and a return on equity of 8.56%. The company had revenue of C$102.04 million during the quarter, compared to analysts' expectations of C$91.45 million. Research analysts expect that 5N Plus Inc. will post 0.3739703 EPS for the current fiscal year.

Insider Buying and Selling

In other 5N Plus news, Senior Officer Richard Perron acquired 75,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 11th. The shares were acquired at an average cost of C$6.95 per share, for a total transaction of C$521,250.00. 4.91% of the stock is currently owned by 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.