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

Equities research analysts at StockNews.com assumed coverage on shares of Flexible Solutions International (NYSE:FSI) in a note issued to investors on Friday. The firm set a “hold” rating on the stock.

Flexible Solutions International Stock Performance

Shares of FSI opened at $5.85 on Friday. Flexible Solutions International has a 1 year low of $1.63 and a 1 year high of $6.44. The stock has a market capitalization of $72.89 million, a P/E ratio of 17.73 and a beta of 1.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.22 and a current ratio of 3.17. The company’s fifty day moving average is $3.90 and its two-hundred day moving average is $3.31.

Institutional Investors Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. grew its holdings in Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter. 54.31% of the stock is owned by institutional investors and hedge funds.

About Flexible Solutions International

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.