Flexible Solutions International (NYSE:FSI) Now Covered by StockNews.com

StockNews.com started coverage on shares of Flexible Solutions International (NYSE:FSI) in a report issued on Wednesday morning. The brokerage issued a hold rating on the stock.

Flexible Solutions International Price Performance

Shares of NYSE FSI opened at $2.15 on Wednesday. Flexible Solutions International has a fifty-two week low of $1.36 and a fifty-two week high of $3.00. The stock has a market capitalization of $26.77 million, a price-to-earnings ratio of 11.32 and a beta of 1.46. 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 business has a 50-day moving average of $2.06 and a 200-day moving average of $1.88.

Flexible Solutions International (NYSE:FSI) last posted its quarterly 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). 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. As a group, sell-side analysts predict that Flexible Solutions International will post 0.29 earnings per share for the current fiscal year.

Flexible Solutions International Increases Dividend

The company also recently declared a — dividend, which was paid on Thursday, May 16th. Shareholders of record on Tuesday, April 30th were paid a $0.10 dividend. The ex-dividend date was Monday, April 29th. This is a boost 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.