Flexible Solutions International (NYSE:FSI) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Flexible Solutions International (NYSE:FSI) in a research report sent to investors on Monday. The firm issued a hold rating on the stock.

Flexible Solutions International Stock Performance

NYSE:FSI opened at $2.06 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.01 and a quick ratio of 1.90. The company has a market cap of $25.65 million, a price-to-earnings ratio of 9.36 and a beta of 1.46. Flexible Solutions International has a 1 year low of $1.36 and a 1 year high of $3.04. The stock’s 50 day simple moving average is $2.02 and its two-hundred day simple moving average is $1.87.

Flexible Solutions International (NYSE:FSI) last announced its quarterly earnings results on Monday, April 1st. The company reported $0.14 earnings per share for the quarter. Flexible Solutions International had a net margin of 7.24% and a return on equity of 7.51%. The company had revenue of $9.43 million for the quarter. As a group, equities analysts anticipate that Flexible Solutions International will post 0.3 earnings per share for the current fiscal year.

Flexible Solutions International Increases Dividend

The business also recently disclosed a — dividend, which will be paid on Thursday, May 16th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.10 per share. The ex-dividend date is Monday, April 29th. This is an increase from Flexible Solutions International’s previous — dividend of $0.05.

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.