Flexible Solutions International (NYSE:FSI) Coverage Initiated at StockNews.com

by · The Markets Daily

Equities research analysts at StockNews.com started coverage on shares of Flexible Solutions International (NYSE:FSIGet Free Report) in a research note issued on Tuesday. The firm set a “hold” rating on the stock.

Flexible Solutions International Price Performance

Shares of Flexible Solutions International stock opened at $3.56 on Tuesday. The business’s fifty day moving average price is $3.91 and its 200 day moving average price is $3.06. Flexible Solutions International has a twelve month low of $1.63 and a twelve month high of $4.44. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $44.34 million, a P/E ratio of 10.79 and a beta of 1.47.

Institutional Trading of Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. grew its position in shares of Flexible Solutions International, Inc. (NYSE:FSIFree Report) by 83.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,300 shares of the company’s stock after buying an additional 8,300 shares during the period. James Investment Research Inc. owned about 0.15% of Flexible Solutions International worth $67,000 as of its most recent SEC filing. Institutional investors and hedge funds own 54.31% of the company’s stock.

About Flexible Solutions International

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Flexible Solutions International, Inc, together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers.

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