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

StockNews.com started coverage on shares of Flexible Solutions International (NYSE:FSI) in a research note released on Monday morning. The brokerage issued a hold rating on the stock.

Flexible Solutions International Stock Up 1.7 %

FSI stock opened at $1.78 on Monday. The company has a market cap of $22.16 million, a price-to-earnings ratio of 9.37 and a beta of 1.47. The firm has a 50-day moving average of $2.05 and a two-hundred day moving average of $1.95. Flexible Solutions International has a 12 month low of $1.36 and a 12 month high of $2.96. The company has a current ratio of 2.73, a quick ratio of 1.85 and a debt-to-equity ratio of 0.16.

Flexible Solutions International (NYSE:FSI) last announced its quarterly earnings data on Thursday, May 16th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The company had revenue of $9.23 million for the quarter, compared to analysts’ expectations of $10.02 million. Flexible Solutions International had a return on equity of 6.24% and a net margin of 6.23%. As a group, analysts forecast that Flexible Solutions International will post 0.29 earnings per share for the current fiscal year.

Flexible Solutions International Increases Dividend

The company also recently disclosed a — dividend, which was paid on Thursday, May 16th. Investors of record on Tuesday, April 30th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, April 29th. This is a positive change from Flexible Solutions International’s previous — dividend of $0.05.

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.