Renaissance Technologies LLC Purchases 17,400 Shares of Flexible Solutions International, Inc. (NYSE:FSI)

Renaissance Technologies LLC grew its holdings in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 379,245 shares of the company’s stock after buying an additional 17,400 shares during the period. Renaissance Technologies LLC owned 3.05% of Flexible Solutions International worth $664,000 as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Flexible Solutions International in a research report on Saturday. They set a “hold” rating for the company.

Flexible Solutions International Price Performance

FSI stock opened at $3.46 on Wednesday. The stock has a market cap of $43.08 million, a PE ratio of 18.21 and a beta of 1.48. Flexible Solutions International, Inc. has a 12 month low of $1.36 and a 12 month high of $3.70. The company has a 50-day moving average price of $3.01 and a 200 day moving average price of $2.37. The company has a current ratio of 2.65, a quick ratio of 1.70 and a debt-to-equity ratio of 0.16.

Flexible Solutions International (NYSE:FSI) last issued its earnings results on Wednesday, August 14th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.03. Flexible Solutions International had a return on equity of 7.40% and a net margin of 7.46%. The business had revenue of $10.53 million during the quarter, compared to analyst estimates of $10.34 million. Equities research analysts anticipate that Flexible Solutions International, Inc. will post 0.29 earnings per share for the current year.

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.