Flexible Solutions International (NYSE:FSI) Now Covered by Analysts at StockNews.com

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

Flexible Solutions International Price Performance

Shares of FSI stock opened at $3.86 on Monday. The business has a fifty day simple moving average of $3.89 and a 200 day simple moving average of $2.99. The company has a market cap of $48.08 million, a P/E ratio of 11.70 and a beta of 1.47. The company has a quick ratio of 2.22, a current ratio of 3.17 and a debt-to-equity ratio of 0.17. Flexible Solutions International has a twelve month low of $1.56 and a twelve month high of $4.44.

Institutional Investors Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. Renaissance Technologies LLC increased its position in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 379,245 shares of the company’s stock after acquiring an additional 17,400 shares during the period. Renaissance Technologies LLC owned about 3.05% of Flexible Solutions International worth $664,000 at the end of the most recent reporting period. 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.