Flexible Solutions International Research Initiated by StockNews.com

Analytical coverage for Flexible Solutions International NYSE:FSI has commenced by the equity research analysts at StockNews.com, according to a report issued on Sunday. The firm has received a "hold" rating from the brokerage as it begins tracking the company's performance.

Current Performance of Flexible Solutions International

At the market opening on Friday, Flexible Solutions International stock was trading at $1.88. The company exhibits a fifty-day moving average price of $2.38 and a two-hundred day moving average price of $2.66. With a debt-to-equity ratio standing at 0.20, a current ratio of 3.47, and a quick ratio of 2.07, the financial stability of the company seems sound. The market capitalization of Flexible Solutions International is reported at $23.39 million, with a price-to-earnings ratio of 4.18 and a beta of 1.77. The 52-week range saw a low of $1.82 and a peak at $3.70.

In its last earnings report on August 14th, the company posted $0.07 earnings per share (EPS) for the quarter, which fell short of the $0.09 consensus estimate by $0.02. Flexible Solutions International recorded a net margin of 12.52% and a return on equity of 15.71%. The quarterly revenue was $10.33 million, which did not meet the analysts' expectations of $13.00 million. The projections estimate that Flexible Solutions International will achieve an EPS of $0.35 for the current financial year.

Institutional Investments in Flexible Solutions International

Hedge funds and other institutional investors have recently adjusted their holdings in Flexible Solutions International. During the 4th quarter, Advisor Group Holdings Inc. invested $38,000, while Susquehanna International Group LLP committed $64,000. Citadel Advisors LLC established a new stake with an investment of $67,000 during the 2nd quarter. Dimensional Fund Advisors LP increased their share by 22.4%, owning 60,122 shares valued at approximately $186,000 after an additional purchase of 11,006 shares. Vanguard Group Inc. notably elevated their stake by 81.7% in the 3rd quarter, now holding 274,858 shares with a market value of $454,000. Institutional investors have a significant 44.90% stake in the company's stock overall.

Business Focus of Flexible Solutions International

Operating with subsidiaries, Flexible Solutions International focuses on the development, manufacturing, and marketing of specialty chemicals aimed at reducing water evaporation. The company serves customers in Canada, the United States, and other international markets. It operates through two main segments: Energy and Water Conservation Products, and Biodegradable Polymers.

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