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

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

Flexible Solutions International Price Performance

FSI stock opened at $3.61 on Wednesday. Flexible Solutions International has a 52 week low of $1.63 and a 52 week high of $4.44. The company has a quick ratio of 2.22, a current ratio of 3.17 and a debt-to-equity ratio of 0.17. The firm has a 50-day simple moving average of $3.90 and a 200-day simple moving average of $3.12. The stock has a market capitalization of $44.97 million, a P/E ratio of 10.94 and a beta of 1.47.

Institutional Trading of Flexible Solutions International

An institutional investor recently raised its position 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 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 379,245 shares of the company’s stock after acquiring an additional 17,400 shares during the quarter. 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. Institutional investors own 54.31% of the company’s stock.

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.