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

StockNews.com initiated coverage on shares of Flexible Solutions International (NYSE:FSI) in a research note published on Sunday morning. The firm issued a hold rating on the stock.

Flexible Solutions International Price Performance

FSI opened at $2.18 on Friday. Flexible Solutions International has a 12-month low of $1.36 and a 12-month high of $3.10. The company has a quick ratio of 1.90, a current ratio of 3.01 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $27.14 million, a P/E ratio of 9.91 and a beta of 1.58. The stock has a fifty day moving average of $2.01 and a 200-day moving average of $1.87.

Flexible Solutions International (NYSE:FSI) last announced its quarterly earnings data on Monday, April 1st. The company reported $0.14 earnings per share (EPS) for the quarter. Flexible Solutions International had a return on equity of 7.51% and a net margin of 7.24%. The firm had revenue of $9.43 million during the quarter. Equities analysts forecast that Flexible Solutions International will post 0.3 EPS for the current fiscal year.

Flexible Solutions International Increases Dividend

The company also recently declared a — dividend, which will be paid on Thursday, May 16th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.10 per share. The ex-dividend date is Monday, April 29th. This is an increase from Flexible Solutions International’s previous — dividend of $0.05.

Flexible Solutions International Company Profile

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.