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 research report report published on Saturday morning. The brokerage issued a hold rating on the stock.

Flexible Solutions International Trading Up 2.5 %

NYSE FSI opened at $4.15 on Friday. The stock’s 50 day moving average is $3.82 and its 200 day moving average is $2.86. 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 firm has a market capitalization of $51.69 million, a PE ratio of 12.58 and a beta of 1.46. Flexible Solutions International has a twelve month low of $1.50 and a twelve month high of $4.44.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Flexible Solutions International stock. Renaissance Technologies LLC grew its holdings in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 379,245 shares of the company’s stock after purchasing an additional 17,400 shares during the period. Renaissance Technologies LLC owned approximately 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.

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.