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

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

Flexible Solutions International Stock Performance

NYSE:FSI opened at $3.72 on Wednesday. The business’s fifty day moving average is $3.89 and its 200 day moving average is $3.13. The firm has a market cap of $46.34 million, a price-to-earnings ratio of 11.27 and a beta of 1.47. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.22 and a current ratio of 3.17. Flexible Solutions International has a 52-week low of $1.63 and a 52-week high of $4.44.

Institutional Investors Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. Renaissance Technologies LLC increased its position in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 379,245 shares of the company’s stock after acquiring an additional 17,400 shares during the period. Renaissance Technologies LLC owned approximately 3.05% of Flexible Solutions International worth $664,000 as of its most recent filing with the Securities and Exchange Commission. 54.31% of the stock is currently 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.