Flexible Solutions International (NYSE:FSI) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Flexible Solutions International (NYSE:FSI) in a report published on Saturday morning. The brokerage issued a hold rating on the stock.

Flexible Solutions International Trading Down 4.0 %

Flexible Solutions International stock opened at $3.99 on Friday. The stock has a 50-day moving average price of $3.83 and a 200 day moving average price of $2.88. Flexible Solutions International has a 52 week low of $1.50 and a 52 week high of $4.44. The stock has a market cap of $49.65 million, a PE ratio of 12.08 and a beta of 1.46. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17.

Hedge Funds Weigh In On Flexible Solutions International

An institutional investor recently raised its position in Flexible Solutions International stock. Renaissance Technologies LLC boosted its position in Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 379,245 shares of the company’s stock after acquiring an additional 17,400 shares during the period. Renaissance Technologies LLC owned about 3.05% of Flexible Solutions International worth $664,000 at the end of the most recent reporting period. 54.31% of the stock is currently owned by hedge funds and other institutional investors.

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.