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

Stock analysts at StockNews.com assumed coverage on shares of Flexible Solutions International (NYSE:FSI) in a research report issued on Sunday. The brokerage set a “hold” rating on the stock.

Flexible Solutions International Stock Performance

Shares of NYSE:FSI opened at $6.01 on Friday. The business’s fifty day moving average price is $4.33 and its two-hundred day moving average price is $3.62. The stock has a market capitalization of $74.88 million, a price-to-earnings ratio of 18.21 and a beta of 1.53. Flexible Solutions International has a fifty-two week low of $1.65 and a fifty-two week high of $6.75. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.17 and a quick ratio of 2.22.

Hedge Funds Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. Renaissance Technologies LLC boosted its holdings in Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 379,245 shares of the company’s stock after acquiring an additional 17,400 shares during the quarter. Renaissance Technologies LLC owned 3.05% of Flexible Solutions International worth $664,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 54.31% of the company’s stock.

Flexible Solutions International Company Profile

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.