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

StockNews.com initiated coverage on shares of Flexible Solutions International (NYSE:FSI) in a research report released on Sunday. The brokerage issued a hold rating on the stock.

Flexible Solutions International Price Performance

Shares of NYSE:FSI opened at $1.73 on Friday. The company has a market cap of $21.54 million, a price-to-earnings ratio of 9.11 and a beta of 1.57. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.73 and a quick ratio of 1.85. The firm has a 50 day simple moving average of $2.08 and a 200 day simple moving average of $1.94. Flexible Solutions International has a one year low of $1.36 and a one year high of $2.96.

Flexible Solutions International (NYSE:FSI) last released its quarterly earnings results on Thursday, May 16th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The business had revenue of $9.23 million for the quarter, compared to the consensus estimate of $10.02 million. Flexible Solutions International had a net margin of 6.23% and a return on equity of 6.24%. Research analysts predict that Flexible Solutions International will post 0.29 earnings per share for the current fiscal year.

Flexible Solutions International Increases Dividend

The firm also recently declared a — dividend, which was paid on Thursday, May 16th. Stockholders of record on Tuesday, April 30th were paid a dividend of $0.10 per share. The ex-dividend date was Monday, April 29th. This is an increase from Flexible Solutions International’s previous — dividend of $0.05.

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.