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

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

Flexible Solutions International Price Performance

FSI opened at $6.28 on Monday. Flexible Solutions International has a twelve month low of $1.65 and a twelve month high of $6.75. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.22 and a current ratio of 3.17. The business has a 50 day moving average price of $4.55 and a 200 day moving average price of $3.77. The firm has a market cap of $78.22 million, a P/E ratio of 19.03 and a beta of 1.54.

Hedge Funds Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. grew its stake in Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,300 shares of the company’s stock after purchasing an additional 8,300 shares during the period. James Investment Research Inc. owned about 0.15% of Flexible Solutions International worth $67,000 as of its most recent SEC filing. Hedge funds and other 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.