Flexible Solutions International Inc (AMEX:FSI) does about 385.84K shares in volume on a normal day but saw 232479 shares change hands in the recent trading day. The company now has a market cap of 89.84M USD. Its current market price is $7.21, marking an increase of 13.01% compared to the previous close of $6.38. The 52 week high reached by this stock is $6.75 whilst the lowest price level in 52 weeks is $1.65.
Flexible Solutions International Inc (FSI) has a 20-day trading average at $6.28 and the current price is 6.81% off the 52-week high compared with 336.97% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.78 and its 200-day simple moving average is $3.31. If we look at the stock’s price movements over the week, volatility stands at 5.85%, which increases to 9.35% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 73.33 to suggest the stock is overbought.
The consensus objective for the share price is $9.00, suggesting that the stock has a potential upside of 19.89% over the period.
The current price level is 14.86%, 50.71%, and 117.80% away from its SMA20, SMA50, and SMA200 respectively, with the FSI price moving below the 50-day SMA on current market day. Flexible Solutions International Inc (FSI) stock is up 14.81% over the week and 95.39% over the past month. Its price is 99.72% year-to-date and 279.47% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $11.02M, which analysts say will come at $38.22M for the current fiscal year and next year at $51.44M. In addition, estimates put the company’s current quarterly revenue at an average of $9.15M.
To reach the target analysts have set, the stock logically needs to grow 19.89 percent from here.
Outstanding shares total 12.45M with insiders holding 45.15% of the shares and institutional holders owning 8.85% of the company’s common stock. The company has a return on investment of 9.45% and return on equity of 11.77%. The price to earnings ratio (P/E ratio) amounts to 21.65 while the forward price to earnings ratio is 20.03. The beta has a value of 1.57. Price to book ratio is 2.43 and price to sales ratio is 2.33.
