StockNews.com Begins Coverage on Flexible Solutions International (NYSE:FSI)

StockNews.com assumed coverage on shares of Flexible Solutions International (NYSE:FSI) in a research report sent to investors on Thursday. The firm issued a hold rating on the stock.

Flexible Solutions International Trading Up 4.5 %

Shares of FSI stock opened at $2.10 on Thursday. The company has a market cap of $26.15 million, a P/E ratio of 11.05 and a beta of 1.47. The stock has a 50 day simple moving average of $1.98 and a two-hundred day simple moving average of $1.97. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.85 and a current ratio of 2.73. Flexible Solutions International has a fifty-two week low of $1.36 and a fifty-two week high of $2.96.

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

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.