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

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

Flexible Solutions International Price Performance

Shares of NYSE:FSI opened at $3.76 on Thursday. The company has a market cap of $46.81 million, a price-to-earnings ratio of 11.39 and a beta of 1.46. The business has a 50 day moving average price of $3.68 and a 200 day moving average price of $2.72. The company has a quick ratio of 1.70, a current ratio of 2.65 and a debt-to-equity ratio of 0.16. Flexible Solutions International has a twelve month low of $1.36 and a twelve month high of $4.44.

Flexible Solutions International (NYSE:FSI) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.03. Flexible Solutions International had a return on equity of 10.72% and a net margin of 10.80%. The company had revenue of $10.53 million during the quarter, compared to analysts’ expectations of $10.34 million. Research analysts predict that Flexible Solutions International will post 0.29 earnings per share for the current year.

Institutional Inflows and Outflows

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% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,300 shares of the company’s stock after acquiring an additional 8,300 shares during the period. James Investment Research Inc. owned approximately 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.

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.