Flexible Solutions International Inc. (NYSEAMERICAN:FSI) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 77,700 shares, a decline of 16.9% from the March 31st total of 93,500 shares. Based on an average daily trading volume, of 153,000 shares, the short-interest ratio is presently 0.5 days. Approximately 1.2% of the shares of the stock are short sold.
NYSEAMERICAN:FSI traded down $0.04 during trading hours on Tuesday, reaching $3.37. The company’s stock had a trading volume of 35,803 shares, compared to its average volume of 147,907. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.89 and a quick ratio of 1.85. The company has a market capitalization of $41.49 million, a price-to-earnings ratio of 12.07 and a beta of 1.52. The firm’s 50-day moving average price is $2.43. Flexible Solutions International has a 1 year low of $1.29 and a 1 year high of $5.65.
Several equities analysts have recently commented on the company. Zacks Investment Research lowered Flexible Solutions International from a “hold” rating to a “sell” rating in a research report on Wednesday, April 7th. Greenridge Global reaffirmed a “hold” rating on shares of Flexible Solutions International in a research note on Thursday, April 1st.
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.
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