Is it Time to Sell/Buy Flexible Solutions International Inc. (FSI) Stock After Recent Trade?

Flexible Solutions International Inc. (FSI) share price soared 17.37% with the closing price of $2.50 on Friday. Flexible Solutions International Inc. stock has an exchanging volume of 0.78 million shares, which is high, contrasted with its 3-months average volume of 77.22K shares. Its market capitalization has now reached to $31.60M and analysts have a consensus target price of $3.50 in the 12-month period.

FSI Announces Top Line Revenue for Third Quarter, 2020 on October 15, 2020 news published at Yahoo.

FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (FSI) announced a year over year Increase in revenues for third quarter (Q3), 2020. Sales were higher in Q3, 2020 than in Q3, 2019. Flexible Solutions’ top line revenue increased from $7.40 million (Q3, 2019) to $8.11 million (Q3, 2020), up approximately 10% year over year.

CEO, Dan O’Brien states, “We are pleased with the results for the third quarter and are working hard to maintain the momentum for the rest of 2020.”

Complete financial results will be available after market close on November 13, 2020, concurrent with the Company’s SEC third quarter filings. A conference call will be scheduled for 8:00 am Pacific Time, 11:00 am Eastern Standard Time, Monday, November 16, 2020.

FSI Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, FSI price has rose by 13.64%. In the course of past three months sees the stock go up around 13.64%, while it has gain 89.39% over the past six months and -2.72% since the start of the year.

FSI Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Sep 2020), the firm recorded a revenue of 7.71 billion, which was higher than the gauge of 6.93M made by certain experts. For that equivalent quarter, Flexible Solutions International Inc. posted $0.09 earnings per share (EPS) which was above the consensus estimate of $0.05 by $0.04, which represents to an expansion by 80.00%.

FSI Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Flexible Solutions International Inc. has seen its stock exchanging -16.67% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +33.69% above its three-month low. A more extensive look sees FSI exchanging -20.63% beneath its 52-week high and 190.70% above from its 52-week low price.

FSI Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 8.97%, while it has a month to month instability of 7.81%. The company has an ATR (Average True Range) of 0.18 and a beta factor of 1.93.

Leave a Comment