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 published on Monday morning. The firm issued a hold rating on the stock.

Flexible Solutions International Price Performance

Flexible Solutions International stock opened at $3.86 on Monday. The stock’s 50 day moving average is $3.89 and its 200 day moving average is $2.99. Flexible Solutions International has a one year low of $1.56 and a one year high of $4.44. The firm has a market cap of $48.08 million, a P/E ratio of 11.70 and a beta of 1.47. 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 Inflows and Outflows

An institutional investor recently raised its position in Flexible Solutions International stock. Renaissance Technologies LLC boosted its holdings in Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 379,245 shares of the company’s stock after purchasing 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 quarter. 54.31% of the stock is currently owned by 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.