5N Plus (TSE:VNP) Shares Pass Above 200 Day Moving Average – Time to Sell?

5N Plus Inc. (TSE:VNP)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$6.23 and traded as high as C$6.80. 5N Plus shares last traded at C$6.63, with a volume of 78,700 shares changing hands.

Analyst Ratings Changes

VNP has been the topic of a number of recent analyst reports. Raymond James raised their price target on 5N Plus from C$7.50 to C$8.50 in a research report on Friday, September 6th. Desjardins raised their target price 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. Finally, National Bankshares upped their price target on shares of 5N Plus from C$8.00 to C$8.50 in a report on Tuesday, November 5th.

5N Plus Trading Down 0.2 %

The firm has a 50-day moving average of C$6.90 and a two-hundred day moving average of C$6.24. The firm has a market capitalization of C$589.54 million, a P/E ratio of 41.44, a P/E/G ratio of 6,283.33 and a beta of 1.55. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23.

Insiders Place Their Bets

In other news, Senior Officer Richard Perron purchased 75,000 shares of the company’s stock in a transaction dated Wednesday, September 11th. The stock was bought at an average cost of C$6.95 per share, for a total transaction of C$521,250.00. 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.