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 report released on Sunday. The firm issued a hold rating on the stock.

Flexible Solutions International Stock Up 4.3 %

NYSE:FSI opened at $6.27 on Friday. Flexible Solutions International has a 1 year low of $1.65 and a 1 year high of $6.75. The stock has a 50-day moving average price of $4.42 and a two-hundred day moving average price of $3.68. The stock has a market cap of $78.12 million, a price-to-earnings ratio of 19.00 and a beta of 1.53. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17.

Institutional Inflows and Outflows

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