Flexible Solutions International (NYSE:FSI) Upgraded at Singular Research

Singular Research upgraded shares of Flexible Solutions International (NYSE:FSI) to a strong-buy rating in a research note published on Monday,Zacks.com reports.

Separately, Zacks Research raised shares of Flexible Solutions International from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Two research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

Flexible Solutions International Stock Down 3.2%

FSI stock opened at $9.42 on Monday. The company has a market cap of $119.23 million, a P/E ratio of 28.55 and a beta of 1.28. Flexible Solutions International has a 52 week low of $3.17 and a 52 week high of $11.48. The company’s 50-day moving average price is $7.04 and its 200 day moving average price is $5.39. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17.

Institutional Trading of Flexible Solutions International

Several institutional investors and hedge funds have recently modified their holdings of FSI. Evernest Financial Advisors LLC purchased a new stake in shares of Flexible Solutions International in the first quarter valued at about $310,000. Essex Investment Management Co. LLC purchased a new stake in shares of Flexible Solutions International in the first quarter valued at about $134,000. Dimensional Fund Advisors LP lifted its holdings in shares of Flexible Solutions International by 26.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 52,499 shares of the company’s stock valued at $190,000 after purchasing an additional 11,017 shares in the last quarter. Strait & Sound Wealth Management LLC purchased a new stake in shares of Flexible Solutions International in the second quarter valued at about $49,000. Finally, Citadel Advisors LLC lifted its holdings in shares of Flexible Solutions International by 12.6% in the fourth quarter. Citadel Advisors LLC now owns 23,213 shares of the company’s stock valued at $84,000 after purchasing an additional 2,590 shares in the last quarter. Hedge funds and other institutional investors own 54.31% of the company’s stock.

About Flexible Solutions International

Flexible Solutions International, Inc, together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers.