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

StockNews.com began coverage on shares of Flexible Solutions International (NYSE:FSI) in a research report report published on Friday. The firm issued a hold rating on the stock.

Flexible Solutions International Stock Performance

Shares of FSI stock opened at $5.85 on Friday. The company has a market capitalization of $72.89 million, a P/E ratio of 17.73 and a beta of 1.49. Flexible Solutions International has a fifty-two week low of $1.63 and a fifty-two week high of $6.44. 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 stock has a 50 day moving average price of $3.90 and a two-hundred day moving average price of $3.32.

Hedge Funds Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. Renaissance Technologies LLC grew its stake in Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. 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 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.