5N Plus (TSE:VNP) Reaches New 1-Year Low – What’s Next?

5N Plus Inc. (TSE:VNP)’s share price reached a new 52-week low during trading on Monday . The company traded as low as C$0.00 and last traded at C$6.21, with a volume of 403164 shares. The stock had previously closed at C$6.60.

Analyst Upgrades and Downgrades

VNP has been the subject of several research analyst reports. Ventum Financial set a C$10.00 price objective on 5N Plus and gave the stock 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 report on Tuesday, November 5th. Finally, Ventum Cap Mkts raised 5N Plus to a “strong-buy” rating in a research report on Wednesday, December 11th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$8.60.

5N Plus Stock Down 5.9 %

The firm has a 50 day moving average of C$7.52 and a 200-day moving average of C$7.02. The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51. The stock has a market capitalization of C$389.82 million, a P/E ratio of 24.41, 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.