Flexible Solutions International (NYSE:FSI) Research Coverage Started at StockNews.com

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

Flexible Solutions International Stock Down 2.8 %

Shares of NYSE FSI opened at $6.57 on Tuesday. The company has a quick ratio of 2.22, a current ratio of 3.17 and a debt-to-equity ratio of 0.17. The firm has a market cap of $81.86 million, a PE ratio of 19.91 and a beta of 1.54. The company’s fifty day simple moving average is $5.05 and its 200 day simple moving average is $4.04. Flexible Solutions International has a 12-month low of $1.65 and a 12-month high of $7.24.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. James Investment Research Inc. raised its holdings in shares of Flexible Solutions International by 83.0% during the 3rd quarter. James Investment Research Inc. now owns 18,300 shares of the company’s stock valued at $67,000 after buying an additional 8,300 shares in the last quarter. Citadel Advisors LLC boosted its holdings in Flexible Solutions International by 12.6% in the fourth quarter. Citadel Advisors LLC now owns 23,213 shares of the company’s stock valued at $84,000 after acquiring an additional 2,590 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Flexible Solutions International by 26.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 52,499 shares of the company’s stock worth $190,000 after buying an additional 11,017 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in Flexible Solutions International by 5.4% in the fourth quarter. Renaissance Technologies LLC now owns 389,445 shares of the company’s stock worth $1,406,000 after buying an additional 20,000 shares in the last quarter. Hedge funds and other institutional investors own 54.31% of the company’s stock.

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.