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

StockNews.com initiated coverage on shares of Flexible Solutions International (NYSE:FSI) in a research note issued to investors on Sunday. The brokerage issued a hold rating on the stock.

Flexible Solutions International Trading Up 0.5 %

Shares of FSI stock opened at $3.80 on Friday. The firm has a 50-day moving average price of $3.86 and a 200 day moving average price of $2.95. Flexible Solutions International has a twelve month low of $1.50 and a twelve month high of $4.44. The company has a market capitalization of $47.35 million, a price-to-earnings ratio of 11.52 and a beta of 1.47. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. grew its stake in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,300 shares of the company’s stock after acquiring 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 quarter. 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.