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

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

Flexible Solutions International Price Performance

Shares of Flexible Solutions International stock opened at $3.61 on Wednesday. Flexible Solutions International has a 52-week low of $1.63 and a 52-week high of $4.44. The firm’s 50 day moving average price is $3.90 and its 200-day moving average price is $3.12. 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 company has a market cap of $44.97 million, a P/E ratio of 10.94 and a beta of 1.47.

Institutional Investors Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. grew its position in Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,300 shares of the company’s stock after acquiring an additional 8,300 shares during the period. James Investment Research Inc. owned about 0.15% of Flexible Solutions International worth $67,000 at the end of the most recent quarter. 54.31% of the stock is currently owned by institutional investors and hedge funds.

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.