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

Investment analysts at StockNews.com started coverage on shares of Flexible Solutions International (NYSE:FSI) in a research note issued on Wednesday. The firm set a “hold” rating on the stock.

Flexible Solutions International Stock Performance

NYSE:FSI opened at $3.61 on Wednesday. The stock has a market cap of $44.97 million, a P/E ratio of 10.94 and a beta of 1.47. 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’s 50-day moving average price is $3.90 and its two-hundred day moving average price is $3.11. Flexible Solutions International has a twelve month low of $1.63 and a twelve month high of $4.44.

Institutional Investors Weigh In On Flexible Solutions International

An institutional investor recently raised its position in Flexible Solutions International stock. Renaissance Technologies LLC increased its stake in Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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. 54.31% of the stock is owned by hedge funds and other institutional investors.

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.