Flexible Solutions International (NYSE:FSI) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Flexible Solutions International (NYSE:FSI) in a report issued on Thursday. The firm set a “hold” rating on the stock.

Flexible Solutions International Stock Performance

Shares of NYSE FSI opened at $3.70 on Thursday. The stock has a market cap of $46.09 million, a PE ratio of 11.21 and a beta of 1.49. Flexible Solutions International has a 1 year low of $1.63 and a 1 year high of $4.44. The firm has a fifty day moving average price of $3.87 and a 200-day moving average price of $3.18. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.17 and a quick ratio of 2.22.

Institutional Trading of Flexible Solutions International

An institutional investor recently raised its position in Flexible Solutions International stock. Renaissance Technologies LLC grew its position in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 379,245 shares of the company’s stock after acquiring an additional 17,400 shares during the quarter. Renaissance Technologies LLC owned about 3.05% of Flexible Solutions International worth $664,000 at the end of the most recent reporting period. 54.31% of the stock is owned by institutional investors and hedge funds.

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.