The trading price of Flexible Solutions International Inc (AMEX:FSI) closed higher on Friday, January 17, and closing at $5.85, 3.72% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $5.55 and $6.44. The company’s P/E ratio in the trailing 12-month period was 17.57, while its 5Y monthly beta was 1.485. In examining the 52-week price action we see that the stock hit a 52-week high of $5.98 and a 52-week low of $1.63. Over the past month, the stock has gained 51.55% in value.
Flexible Solutions International Inc, whose market valuation is $72.86 million at the time of this writing, is expected to release its quarterly earnings report in February. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest FSI has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that FSI’s price is currently 51.44% off the SMA20 and 48.84% off the SMA50. The RSI metric on the 14-day chart is currently showing 78.80, and weekly volatility stands at 18.09%. When measured over the past 30 days, the indicator reaches 7.19%. Flexible Solutions International Inc (AMEX:FSI)’s beta value is currently sitting at 1.50, while the Average True Range indicator is currently displaying 0.38.
To see how Flexible Solutions International Inc stock has been performing in comparison to its peers in the industry, here are the numbers: FSI stock’s performance was 3.72% in the latest trading, and 244.12% in the past year. Flexible Solutions International Inc has a P/E ratio of 17.57.
An evaluation of the daily trading volume of Flexible Solutions International Inc (AMEX:FSI) indicates that the 3-month average is 334.31K. However, this figure has increased over the past 10 days to an average of 2.04.
Currently, records show that 12.45 million of the company’s shares remain outstanding. The insiders hold 45.73% of outstanding shares, whereas institutions hold 8.83%. The stats also highlight that short interest as of 2024-10-31, stood at 20318.0 shares, resulting in a short ratio of 0.73 at that time. From this, we can conclude that short interest is 30.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were up slightly from the previous month’s figure, which was 12680.0. However, since the stock’s price has seen 62.05% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
