Flexible Solutions International Inc (AMEX:FSI) price on current trading day, rose 49.83% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.53.
A look at the stock’s price movement, the level at last check in today’s session was $3.69, moving within a range at $4.2 and $5.97. The beta value (5-Year monthly) was 1.485 while the PE ratio in trailing twelve months stood at 16.60. Turning to its 52-week performance, $4.44 and $1.63 were the 52-week high and 52-week low respectively. Overall, FSI moved 39.96% over the past month.
Flexible Solutions International Inc’s market cap currently stands at around $68.86 million, with investors looking forward to this quarter’s earnings report slated for in February.
Analysts have a consensus estimate of 10.83M for the company’s revenue for the quarter, with a low and high estimate of 10.83M and 10.83M respectively. The average forecast suggests up to a 14.88% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 39.9M, representing a 4.10% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FSI is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
FSI’s current price about 47.28% and 42.04% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 76.68, while 7-day volatility ratio is 8.51% and 4.63% in the 30-day chart. Further, Flexible Solutions International Inc (FSI) has a beta value of 1.51, and an average true range (ATR) of 0.34.
If we refocus on Flexible Solutions International Inc (AMEX:FSI), historical trading data shows that trading volumes averaged 56720.0 over the past 10 days and 40.34K over the past 3 months. The company’s latest data on shares outstanding shows there are 12.45 million shares.
The 45.73% of Flexible Solutions International Inc’s shares are in the hands of company insiders while institutional holders own 8.83% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 20318.0 on 2024-10-31, giving us a short ratio of 0.73. The data shows that as of 2024-10-31 short interest in Flexible Solutions International Inc (FSI) stood at 30.0 of shares outstanding, with shares short rising to 12680.0 registered in 2024-09-30. Current price change has pushed the stock 53.15% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FSI stock continues to rise going into the next quarter.
