StockNews.com Begins Coverage on Flexible Solutions International (NYSE:FSI)

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

Flexible Solutions International Trading Up 3.7 %

NYSE:FSI opened at $5.85 on Friday. The company has a market capitalization of $72.89 million, a PE ratio of 17.73 and a beta of 1.49. Flexible Solutions International has a 52-week low of $1.63 and a 52-week high of $6.44. The stock’s 50 day moving average price is $3.90 and its 200 day moving average price is $3.31. The company has a quick ratio of 2.22, a current ratio of 3.17 and a debt-to-equity ratio of 0.17.

Institutional Trading of Flexible Solutions International

An institutional investor recently raised its position in Flexible Solutions International stock. James Investment Research Inc. raised its holdings in Flexible Solutions International, Inc. (NYSE:FSI) by 83.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,300 shares of the company’s stock after purchasing an additional 8,300 shares during the quarter. James Investment Research Inc. owned about 0.15% of Flexible Solutions International worth $67,000 as of its most recent filing with the SEC. 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.