5N Plus (TSE:VNP) Shares Pass Above 200-Day Moving Average of $5.19

5N Plus Inc. (TSE:VNP - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.19 and traded as high as C$6.19. 5N Plus shares last traded at C$6.17, with a volume of 120,029 shares trading hands.

Wall Street Analyst Weigh In

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

5N Plus Trading Up 2.8 %

The firm's 50-day simple moving average is C$5.95 and its 200 day simple moving average is C$5.20. The stock has a market cap of C$548.64 million, a P/E ratio of 36.29, a PEG ratio of 6,283.33 and a beta of 1.56. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23.

Insider Activity

In other 5N Plus news, Senior Officer Richard Perron sold 4,200 shares of the company'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 value of C$25,536.00. In other news, Director Luc Bertrand bought 5,000 shares of the company's stock in a transaction that occurred on Friday, June 14th. The stock was acquired at an average price of C$6.01 per share, for a total transaction of C$30,045.00. Also, Senior Officer Richard Perron sold 4,200 shares of the firm's stock in a transaction dated Tuesday, June 11th. The shares were sold at an average price of C$6.08, for a total transaction of C$25,536.00. 4.91% of the stock is owned by company 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.