Flexible Solutions International (NYSE:FSI) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Flexible Solutions International (NYSE:FSI) in a research note published on Thursday. The brokerage issued a hold rating on the stock.

Flexible Solutions International Trading Up 2.8 %

Shares of FSI stock opened at $3.70 on Thursday. The company’s fifty day simple moving average is $3.86 and its two-hundred day simple moving average is $3.19. The stock has a market capitalization of $46.09 million, a price-to-earnings ratio of 11.21 and a beta of 1.49. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.17 and a quick ratio of 2.22. Flexible Solutions International has a 1 year low of $1.63 and a 1 year high of $4.44.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. raised its holdings in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,300 shares of the company’s stock after buying an additional 8,300 shares during the quarter. James Investment Research Inc. owned about 0.15% of Flexible Solutions International worth $67,000 as of its most recent filing with the Securities & Exchange Commission. 54.31% of the stock is currently owned by hedge funds and other institutional investors.

Flexible Solutions International Company Profile

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.