5N Plus Inc. (OTCMKTS:FPLSF) Short Interest Up 108.8% in June
by Mitch Edgeman · The Markets Daily5N Plus Inc. (OTCMKTS:FPLSF – Get Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 501,158 shares, a growth of 108.8% from the May 31st total of 240,017 shares. Based on an average trading volume of 55,836 shares, the short-interest ratio is presently 9.0 days. Approximately 0.6% of the company’s stock are sold short.
5N Plus Stock Up 13.0%
Shares of FPLSF traded up $3.51 during trading hours on Tuesday, reaching $30.58. The stock had a trading volume of 2,995 shares, compared to its average volume of 47,661. The firm has a 50-day simple moving average of $28.36 and a 200 day simple moving average of $22.06. 5N Plus has a 12 month low of $6.00 and a 12 month high of $44.91. The company has a current ratio of 2.69, a quick ratio of 1.30 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 47.05 and a beta of 1.84.
5N Plus (OTCMKTS:FPLSF – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. 5N Plus had a net margin of 13.99% and a return on equity of 28.72%. The business had revenue of $117.89 million during the quarter, compared to analyst estimates of $104.04 million.
Wall Street Analyst Weigh In
Separately, Scotiabank started coverage on shares of 5N Plus in a research note on Monday, June 22nd. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy”.
Check Out Our Latest Analysis on FPLSF
About 5N Plus
5N Plus Inc is a Canadian specialty chemicals and materials company that develops, manufactures and commercializes high‐purity metals and compounds for advanced technology markets. The company’s product portfolio spans a range of elemental metals—including bismuth, antimony, tellurium, selenium, indium and germanium—along with organometallic precursors, catalysts and radioisotopes. These materials are engineered to meet stringent purity standards (commonly known as “five‐nines” or 99.999% purity) for critical applications in electronics, photovoltaics, catalysts and life sciences.
Founded in 2000 and headquartered in Boucherville, Quebec, 5N Plus has grown from its roots in high‐purity research to a global manufacturing and distribution platform.