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

Equities research analysts at StockNews.com started coverage on shares of Flexible Solutions International (NYSE:FSI) in a report released on Wednesday. The firm set a “hold” rating on the stock.

Flexible Solutions International Stock Performance

Flexible Solutions International stock opened at $2.15 on Wednesday. Flexible Solutions International has a 12 month low of $1.36 and a 12 month high of $3.00. The stock’s 50-day moving average is $2.06 and its 200-day moving average is $1.88. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.73 and a quick ratio of 1.85. The company has a market cap of $26.77 million, a price-to-earnings ratio of 11.32 and a beta of 1.46.

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

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.