5N Plus Inc. (TSE:VNP) Given Average Rating of “Buy” by Brokerages

5N Plus Inc. (TSE:VNP) has been given an average recommendation of “Buy” by the six ratings firms that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$8.60.

A number of equities analysts recently weighed in on VNP shares. Ventum Cap Mkts raised shares of 5N Plus to a “strong-buy” rating in a research note on Wednesday, December 11th. Ventum Financial set a C$10.00 target price on 5N Plus and gave the company a “buy” rating in a research report on Thursday, December 12th. National Bankshares upped their price target on 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th. Finally, Desjardins lifted their price objective on shares of 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a report on Tuesday, September 10th.

Insiders Place Their Bets

In other news, Director Jean-Marie Bourassa acquired 9,000 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was bought at an average price of C$6.75 per share, with a total value of C$60,750.00. Insiders own 4.91% of the company’s stock.

5N Plus Stock Down 0.6 %

5N Plus stock opened at C$7.89 on Tuesday. The company has a 50 day moving average of C$6.82 and a 200-day moving average of C$6.57. 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 twelve month low of C$3.33 and a twelve month high of C$8.08. The stock has a market capitalization of C$701.58 million, a PE ratio of 49.31, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55.

About 5N Plus

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.