Flexible Solutions International (NYSE:FSI) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Flexible Solutions International (NYSE:FSI) in a research report released on Friday. The firm issued a hold rating on the stock.

Flexible Solutions International Stock Up 3.7 %

Shares of NYSE FSI opened at $5.85 on Friday. Flexible Solutions International has a 12-month low of $1.63 and a 12-month high of $6.44. 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 cap of $72.89 million, a PE ratio of 17.73 and a beta of 1.49. The company’s fifty day simple moving average is $3.90 and its 200 day simple moving average is $3.32.

Institutional Investors Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. boosted its holdings in Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,300 shares of the company’s stock after acquiring an additional 8,300 shares during the quarter. James Investment Research Inc. owned 0.15% of Flexible Solutions International worth $67,000 at the end of the most recent reporting period. 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.