Flexible Solutions International, Inc. (NYSE:FSI - Get Free Report) was up 1.8% on Tuesday . The company traded as high as $5.23 and last traded at $5.19. Approximately 11,221 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 120,393 shares. The stock had previously closed at $5.10.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on Flexible Solutions International in a research report on Tuesday, February 18th. They set a "hold" rating for the company.
Read Our Latest Stock Analysis on FSI
Flexible Solutions International Trading Up 1.8 %
The company has a market cap of $64.65 million, a price-to-earnings ratio of 15.73 and a beta of 1.55. The business's 50 day moving average price is $5.55 and its 200-day moving average price is $4.35. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC increased its stake in shares of 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 buying an additional 2,590 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Flexible Solutions International by 26.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 52,499 shares of the company's stock valued at $190,000 after purchasing an additional 11,017 shares during the period. Finally, Renaissance Technologies LLC raised its stake in Flexible Solutions International by 5.4% during the 4th 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 during the period. Institutional investors own 54.31% of the company's stock.
Flexible Solutions International Company Profile
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Flexible Solutions International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Flexible Solutions International wasn't on the list.
While Flexible Solutions International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
