Flexible Solutions International (NYSE:FSI) Issues Earnings Results

Flexible Solutions International (NYSE:FSIGet Free Report) released its quarterly earnings results on Monday. The company reported $0.14 earnings per share (EPS) for the quarter, reports. Flexible Solutions International had a net margin of 8.99% and a return on equity of 10.21%. The firm had revenue of $9.43 million during the quarter.

Flexible Solutions International Stock Performance

NYSE:FSI opened at $2.02 on Thursday. The company has a quick ratio of 2.09, a current ratio of 3.14 and a debt-to-equity ratio of 0.19. Flexible Solutions International has a twelve month low of $1.36 and a twelve month high of $3.40. The company has a fifty day moving average of $1.91 and a 200-day moving average of $1.94. The firm has a market capitalization of $25.13 million, a P/E ratio of 8.86 and a beta of 1.58.

Institutional Investors Weigh In On Flexible Solutions International

A number of large investors have recently bought and sold shares of FSI. Dimensional Fund Advisors LP increased its position in Flexible Solutions International by 22.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 60,122 shares of the company’s stock valued at $186,000 after buying an additional 11,006 shares in the last quarter. Advisor Group Holdings Inc. bought a new stake in shares of Flexible Solutions International during the fourth quarter valued at approximately $38,000. Susquehanna International Group LLP acquired a new position in shares of Flexible Solutions International during the fourth quarter worth approximately $64,000. Citadel Advisors LLC bought a new position in shares of Flexible Solutions International in the 2nd quarter worth $67,000. Finally, Vanguard Group Inc. grew its position in Flexible Solutions International by 81.7% in the 3rd quarter. Vanguard Group Inc. now owns 274,858 shares of the company’s stock valued at $454,000 after purchasing an additional 123,600 shares during the period. 54.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Flexible Solutions International in a research report on Thursday. They set a “hold” rating on the stock.

Check Out Our Latest Report on FSI

Flexible Solutions International Company Profile

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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.

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Earnings History for Flexible Solutions International (NYSE:FSI)

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