Flexible Solutions International (NYSE:FSI) Research Coverage Started at StockNews.com

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

Flexible Solutions International Stock Performance

Shares of NYSE FSI opened at $3.80 on Thursday. Flexible Solutions International has a 52-week low of $1.63 and a 52-week high of $4.44. 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 firm’s fifty day moving average is $3.85 and its two-hundred day moving average is $3.21. The company has a market cap of $47.33 million, a P/E ratio of 11.52 and a beta of 1.49.

Institutional Investors Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. increased its position in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% during the 3rd quarter, according to the company in its most recent 13F filing with the 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 reporting period. 54.31% of the stock is currently owned by hedge funds and other institutional investors.

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.