Flexible Solutions International (NYSE:FSI) Receives New Coverage from Analysts at StockNews.com

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

Flexible Solutions International Stock Performance

Flexible Solutions International stock opened at $2.07 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.90 and a current ratio of 3.01. The company has a market capitalization of $25.77 million, a PE ratio of 9.41 and a beta of 1.58. The company has a 50 day moving average price of $2.01 and a 200-day moving average price of $1.87. Flexible Solutions International has a fifty-two week low of $1.36 and a fifty-two week high of $3.04.

Flexible Solutions International (NYSE:FSI) last issued its earnings results on Monday, April 1st. The company reported $0.14 earnings per share for the quarter. Flexible Solutions International had a return on equity of 7.51% and a net margin of 7.24%. The business had revenue of $9.43 million during the quarter. As a group, equities analysts forecast that Flexible Solutions International will post 0.3 earnings per share for the current year.

Flexible Solutions International Increases Dividend

The business also recently announced a — dividend, which will be paid on Thursday, May 16th. Shareholders of record on Tuesday, April 30th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, April 29th. This is a positive change from Flexible Solutions International’s previous — dividend of $0.05.

About Flexible Solutions International

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.