Flexible Solutions International (NYSE:FSI) Coverage Initiated at StockNews.com

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

Flexible Solutions International Trading Up 1.5 %

Shares of NYSE:FSI opened at $4.01 on Friday. The business’s 50-day moving average is $3.75 and its 200 day moving average is $2.77. Flexible Solutions International has a 1 year low of $1.50 and a 1 year high of $4.44. The firm has a market capitalization of $49.95 million, a P/E ratio of 12.15 and a beta of 1.46. 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

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. boosted its holdings in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,300 shares of the company’s stock after buying an additional 8,300 shares during the period. James Investment Research Inc. owned approximately 0.15% of Flexible Solutions International worth $67,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other 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.