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

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

Flexible Solutions International Stock Up 1.1 %

Shares of Flexible Solutions International stock opened at $3.76 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.65 and a quick ratio of 1.70. Flexible Solutions International has a 1-year low of $1.36 and a 1-year high of $4.44. The business’s fifty day moving average price is $3.68 and its two-hundred day moving average price is $2.72. The company has a market capitalization of $46.82 million, a P/E ratio of 11.39 and a beta of 1.46.

Institutional Trading of Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. increased its stake in Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,300 shares of the company’s stock after purchasing an additional 8,300 shares during the quarter. James Investment Research Inc. owned approximately 0.15% of Flexible Solutions International worth $67,000 as of its most recent filing with the Securities and Exchange Commission. 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.