Perritt Capital Management Inc Cuts Stake in Flexible Solutions International, Inc. (NYSE:FSI)

Perritt Capital Management Inc lessened its holdings in shares of Flexible Solutions International, Inc. (NYSE:FSI) by 10.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 117,855 shares of the company’s stock after selling 14,290 shares during the period. Perritt Capital Management Inc owned approximately 0.95% of Flexible Solutions International worth $425,000 at the end of the most recent quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Flexible Solutions International in a research report on Tuesday, February 18th. They set a “hold” rating on the stock.

Flexible Solutions International Stock Performance

FSI opened at $5.08 on Wednesday. The company has a market cap of $63.28 million, a P/E ratio of 15.39 and a beta of 1.55. The company has a quick ratio of 2.22, a current ratio of 3.17 and a debt-to-equity ratio of 0.17. The firm’s 50-day moving average price is $5.84 and its 200-day moving average price is $4.55. Flexible Solutions International, Inc. has a 52-week low of $1.65 and a 52-week high of $7.24.

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.