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 released on Sunday morning. The brokerage issued a hold rating on the stock.

Flexible Solutions International Price Performance

Shares of NYSE FSI opened at $6.08 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.17 and a quick ratio of 2.22. Flexible Solutions International has a fifty-two week low of $1.65 and a fifty-two week high of $6.75. The stock has a market capitalization of $75.73 million, a PE ratio of 18.42 and a beta of 1.49. The business has a fifty day moving average price of $4.33 and a two-hundred day moving average price of $3.62.

Hedge Funds Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. Renaissance Technologies LLC lifted its holdings in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 4.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 379,245 shares of the company’s stock after buying an additional 17,400 shares during the period. Renaissance Technologies LLC owned about 3.05% of Flexible Solutions International worth $664,000 as of its most recent filing with the SEC. 54.31% of the stock is currently owned by institutional investors and hedge funds.

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.