Flexible Solutions International (NYSE:FSI) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of Flexible Solutions International (NYSE:FSI) in a report issued on Monday. The firm issued a hold rating on the stock.

Flexible Solutions International Stock Down 2.6 %

FSI stock opened at $2.06 on Monday. The company has a 50 day moving average of $2.02 and a two-hundred day moving average of $1.87. The company has a market cap of $25.65 million, a price-to-earnings ratio of 9.36 and a beta of 1.46. Flexible Solutions International has a 12-month low of $1.36 and a 12-month high of $3.04. The company has a quick ratio of 1.90, a current ratio of 3.01 and a debt-to-equity ratio of 0.18.

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. The business had revenue of $9.43 million during the quarter. Flexible Solutions International had a return on equity of 7.51% and a net margin of 7.24%. On average, equities analysts anticipate that Flexible Solutions International will post 0.3 earnings per share for the current fiscal year.

Flexible Solutions International Increases Dividend

The company also recently disclosed a — dividend, which will be paid on Thursday, May 16th. Investors of record on Tuesday, April 30th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Monday, April 29th. This is an increase 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.