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

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

Flexible Solutions International Stock Performance

Shares of Flexible Solutions International stock opened at $3.80 on Thursday. The stock has a market capitalization of $47.33 million, a price-to-earnings ratio of 11.52 and a beta of 1.49. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.17 and a quick ratio of 2.22. The business has a 50-day moving average of $3.85 and a 200 day moving average of $3.21. Flexible Solutions International has a 12 month low of $1.63 and a 12 month high of $4.44.

Hedge Funds Weigh In On Flexible Solutions International

An institutional investor recently raised its position in Flexible Solutions International stock. Renaissance Technologies LLC boosted its position in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 379,245 shares of the company’s stock after acquiring an additional 17,400 shares during the period. Renaissance Technologies LLC owned about 3.05% of Flexible Solutions International worth $664,000 as of its most recent SEC filing. Institutional investors own 54.31% of the company’s stock.

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.