Flexible Solutions International (NYSEAMERICAN:FSI) Share Price Passes Above Two Hundred Day Moving Average of $0.00

Shares of Flexible Solutions International, Inc. (NYSEAMERICAN:FSI – Get Rating) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $3.06. Flexible Solutions International shares last traded at $3.04, with a volume of 17,573 shares changing hands.

Flexible Solutions International Trading Up 3.8 %

The stock has a market cap of $37.78 million, a price-to-earnings ratio of 9.50 and a beta of 1.72. The company has a current ratio of 2.58, a quick ratio of 1.28 and a debt-to-equity ratio of 0.14.

Flexible Solutions International (NYSEAMERICAN:FSI – Get Rating) last posted its earnings results on Monday, November 14th. The basic materials company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.03. The company had revenue of $11.69 million for the quarter. Flexible Solutions International had a net margin of 9.29% and a return on equity of 13.18%. Analysts expect that Flexible Solutions International, Inc. will post 0.44 earnings per share for the current year.

Institutional Investors Weigh In On Flexible Solutions International

A hedge fund recently raised its stake in Flexible Solutions International stock. Vanguard Group Inc. increased its position in shares of Flexible Solutions International, Inc. (NYSEAMERICAN:FSI – Get Rating) by 81.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 274,858 shares of the basic materials company’s stock after acquiring an additional 123,600 shares during the period. Vanguard Group Inc. owned about 2.22% of Flexible Solutions International worth $454,000 at the end of the most recent quarter. 20.84% of the stock is owned by hedge funds and other institutional investors.

Flexible Solutions International Company Profile

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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.