Flexible Solutions International (FSI) Cut to Hold at Zacks Investment Research
Flexible Solutions International (NYSEAMERICAN:FSI) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Friday.
According to Zacks, “Flexible Solutions International, Inc is an environmental technology company focusing on the research, development and manufacturing of products that save water and energy. The Company develops and manufactures products such as WaterSavr, Heatsavr and Ecosavr. The Company also offers thermal polyaspartate biopolymers (TPAs) for oil fields, agricultural industry, irrigation, detergents, personal care products and cosmetic products. Flexible Solutions International, Inc is based in Victoria, Canada. “
Flexible Solutions International (NYSEAMERICAN:FSI) remained flat at $$1.85 during trading hours on Friday. The company had a trading volume of 4,442 shares, compared to its average volume of 9,875. Flexible Solutions International has a fifty-two week low of $1.29 and a fifty-two week high of $2.58. The firm has a market capitalization of $20.97, a price-to-earnings ratio of 5.97 and a beta of 0.12.
Flexible Solutions International, Inc develops, manufactures and markets specialty chemicals, which slow the evaporation of water. The Company operates through two segments: Energy and water conservation products (EWCP), and Biodegradable polymers (BCPAs). The Company’s 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, which is designed to be used in still or slow moving drinking water sources.
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