Flexible Solutions International (NYSE:FSI) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Flexible Solutions International (NYSE:FSI) in a research report sent to investors on Monday. The firm issued a hold rating on the stock.

Flexible Solutions International Trading Down 0.8 %

Shares of FSI stock opened at $6.15 on Monday. Flexible Solutions International has a 12-month low of $1.65 and a 12-month high of $6.75. The company has a market capitalization of $76.63 million, a P/E ratio of 18.64 and a beta of 1.54. The firm has a 50-day moving average price of $4.65 and a 200 day moving average price of $3.83. The company has a quick ratio of 2.22, a current ratio of 3.17 and a debt-to-equity ratio of 0.17.

Hedge Funds Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. James Investment Research Inc. boosted its position in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. 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 at the end of the most recent quarter. Institutional investors and hedge funds own 54.31% of the company’s stock.

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.