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

Investment analysts at StockNews.com began coverage on shares of Flexible Solutions International (NYSE:FSI) in a research note issued to investors on Sunday. The firm set a “hold” rating on the stock.

Flexible Solutions International Stock Performance

Flexible Solutions International stock opened at $2.16 on Friday. The firm has a 50 day simple moving average of $2.00 and a 200-day simple moving average of $1.88. Flexible Solutions International has a 1-year low of $1.36 and a 1-year high of $3.10. 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 stock has a market cap of $26.89 million, a price-to-earnings ratio of 9.82 and a beta of 1.58.

Flexible Solutions International (NYSE:FSI) last released its earnings results on Monday, April 1st. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $9.43 million for the quarter. Flexible Solutions International had a net margin of 7.24% and a return on equity of 7.51%. On average, analysts expect that Flexible Solutions International will post 0.3 EPS for the current year.

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.