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

StockNews.com assumed coverage on shares of Flexible Solutions International (NYSE:FSI) in a research note issued to investors on Monday. The brokerage issued a hold rating on the stock.

Flexible Solutions International Stock Up 1.6 %

Shares of FSI opened at $1.85 on Monday. The firm has a market cap of $23.03 million, a P/E ratio of 9.74 and a beta of 1.47. The stock has a 50 day simple moving average of $2.03 and a two-hundred day simple moving average of $1.95. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.73 and a quick ratio of 1.85. Flexible Solutions International has a 1 year low of $1.36 and a 1 year high of $2.96.

Flexible Solutions International (NYSE:FSI) last announced its quarterly earnings data on Thursday, May 16th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). Flexible Solutions International had a net margin of 6.23% and a return on equity of 6.24%. The company had revenue of $9.23 million during the quarter, compared to the consensus estimate of $10.02 million. On average, analysts forecast that Flexible Solutions International will post 0.29 earnings per share for the current fiscal year.

Flexible Solutions International Increases Dividend

The business also recently disclosed a — dividend, which was paid on Thursday, May 16th. Shareholders of record on Tuesday, April 30th were given a $0.10 dividend. The ex-dividend date was Monday, April 29th. This is an increase from Flexible Solutions International’s previous — dividend of $0.05.

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.