Shares of Flexible Solutions International Inc. (NYSEAMERICAN:FSI) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $3.45. Flexible Solutions International shares last traded at $3.31, with a volume of 7,061 shares traded.
A number of analysts have commented on FSI shares. Greenridge Global cut Flexible Solutions International from a “buy” rating to a “hold” rating and set a $4.00 price target for the company. in a research report on Tuesday, August 17th. Zacks Investment Research downgraded Flexible Solutions International from a “hold” rating to a “sell” rating in a report on Thursday, August 19th.
The company has a current ratio of 2.60, a quick ratio of 1.36 and a debt-to-equity ratio of 0.07. The stock has a market cap of $42.53 million, a PE ratio of 13.27 and a beta of 1.32.
Several hedge funds and other institutional investors have recently modified their holdings of FSI. Citadel Advisors LLC purchased a new position in shares of Flexible Solutions International during the 2nd quarter valued at approximately $50,000. Bridgeway Capital Management LLC boosted its holdings in Flexible Solutions International by 19.9% during the second quarter. Bridgeway Capital Management LLC now owns 99,907 shares of the basic materials company’s stock worth $391,000 after buying an additional 16,600 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in Flexible Solutions International during the second quarter valued at $40,000. Vanguard Group Inc. increased its holdings in Flexible Solutions International by 74.1% in the second quarter. Vanguard Group Inc. now owns 151,258 shares of the basic materials company’s stock valued at $591,000 after buying an additional 64,401 shares in the last quarter. Finally, Regal Investment Advisors LLC acquired a new position in shares of Flexible Solutions International in the second quarter worth about $143,000. 10.27% of the stock is currently owned by institutional investors and hedge funds.
Flexible Solutions International Company Profile (NYSEAMERICAN:FSI)
Flexible Solutions International, Inc is an environmental technology company, which engages in the research, development, and manufacture of products that save water and energy. It operates through the following segments: Energy and Water Conservation Products; and Biodegradable Polymers. The Energy and Water Conservation Products segment consists of liquid swimming pool blanket which saves energy and water by inhibiting evaporation from the pool surface, and food-safe powdered form of the active ingredient within the liquid blanket.
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