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

Posted by Matthew Steigler on Dec 18th, 2024

Analysts at StockNews.com assumed coverage on shares of Flexible Solutions International (NYSE:FSI – Get Free Report) in a research note issued on Monday. The brokerage set a “hold” rating on the stock.

Flexible Solutions International Stock Down 2.1 %

NYSE FSI opened at $3.78 on Monday. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17. Flexible Solutions International has a 1-year low of $1.56 and a 1-year high of $4.44. The company has a market cap of $47.08 million, a price-to-earnings ratio of 11.82 and a beta of 1.47. The company has a 50 day moving average of $3.90 and a 200-day moving average of $3.00.

Institutional Investors Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. Renaissance Technologies LLC boosted its holdings in Flexible Solutions International, Inc. (NYSE:FSI – Free Report) by 4.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 approximately 3.05% of Flexible Solutions International worth $664,000 as of its most recent filing with the Securities and Exchange Commission. 54.31% of the stock is currently owned by institutional investors and hedge funds.

About Flexible Solutions International

(Get Free Report)

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.