StockNews.com Begins Coverage on Flexible Solutions International (NYSE:FSI)

Analysts at StockNews.com started coverage on shares of Flexible Solutions International (NYSE:FSI) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the stock.

Flexible Solutions International Stock Up 2.7 %

Shares of FSI opened at $3.80 on Thursday. 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 business has a fifty day moving average of $3.85 and a 200 day moving average of $3.20. The company has a market cap of $47.33 million, a PE ratio of 11.52 and a beta of 1.49. 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. James Investment Research Inc. grew its holdings in Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,300 shares of the company’s stock after purchasing an additional 8,300 shares during the period. James Investment Research Inc. owned about 0.15% of Flexible Solutions International worth $67,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds 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.